Chinese chipmaker CXMT reports Q1 revenue up 719% YoY to ~$7.5B, net profit up 1,688% to $3.6B, and says Omdia ranks it No. 4 in DRAM with a 7.67% global share (Cheng Ting-Fang/Nikkei Asia)

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CXMT, China's domestic DRAM maker, posted 719% YoY revenue growth to $7.5B and 1,688% profit growth in Q1, climbing to #4 globally in DRAM with 7.67% market share according to Omdia.

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Excerpt

<a href="https://asia.nikkei.com/business/tech/semiconductors/china-s-cxmt-logs-1-688-profit-surge-amid-global-memory-crunch"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260518/i1.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260518/p1#a260518p1" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Cheng Ting-Fang / <a href="https://asia.nikkei.com/">Nikkei Asia</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://asia.nikkei.com/business/tech/semiconductors/china-s-cxmt-logs-1-688-profit-surge-amid-global-memory-crunch">Chinese chipmaker CXMT reports Q1 revenue up 719% YoY to ~$7.5B, net profit up 1,688% to $3.6B, and says Omdia ranks it No. 4 in DRAM with a 7.67% global share</a></b></span>&nbsp; &mdash;&nbsp; TAIPEI &mdash; China's top memory chipmaker ChangXin Memory Technologies (CXMT) said net profit skyrocketed over 1,688% &hellip; </p>

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