CXMT nears LPDDR6 validation days after record IPO

Chinese memory maker ChangXin Memory Technologies has reached a key stage in developing next-generation mobile memory, industry sources said, less than a week after its Shanghai debut made it the most valuable company listed on a mainland Chinese exchange. Chinese business outlet Yicai reported Saturday, citing unnamed industry sources, that a core CXMT affiliate had brought its first LPDDR6 chip to what the outlet described as the "tail end" of research-and-development validation, an important