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CXMT’s Rigid DRAM Pricing Means Rejecting Lucrative Global Giants Like Apple, But That’s Because The Company Has A Far Greater Goal; Achieving China’s Self-Sufficiency

News Snapshot:

Manufacturers from non-memory sectors are bending over backwards for Apple, offering the technology giant attractive discounts in exchange for long-term business contracts. When it comes to the DRAM category, CXMT isn’t offering any concessions, as a new report states that the Chinese firm not only aims to compete with Micron, Samsung, and SK hynix, but it is also rejecting deals with foreign customers to complete a Herculean task: obtaining self-sufficiency in China’s memory sector. Taiwanese server manufacturers have also been rejected for the same reason, as CXMT is barely able to keep up with demand from local customers With CXMT…

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