China and the memory market

China is projected to significantly increase its memory production capacity, with a total capacity expected to reach around 1.41 million WSPM by 2030. CXMT alone is anticipated to expand its production capability to 950,000 WSPM in 2030, with new facilities planned for Beijing, Hefei, and Shanghai. This expansion reflects China's strategic goal of dominating the memory market, a long-term endeavor driven by national political will rather than short-term corporate profit and loss considerations.

This report uniquely quantifies China's projected memory production capacity by 2030, detailing CXMT's specific expansion plans unlike other general market analyses.