CXMT to supply LPDDR6 chips for Xiaomi’s 18 Fold launching in September

  • CXMT will supply LPDDR6 memory chips for Xiaomi’s 18 Fold foldable smartphone.
  • Revenue rose 874% year-on-year to 150.3 billion yuan ($22.36 billion).
  • The companies said Xiaomi’s new foldable phone will launch in September.

China’s top memory chipmaker, ChangXin Memory Technologies (CXMT), will supply its latest LPDDR6 DRAM (mobile memory chips) for Xiaomi’s 18 Fold foldable phone, due for release in September. The chips will support Xiaomi’s new in-house 3-nanometre Xring O3 processor and mark CXMT’s move into mass production less than a year after its LPDDR5 rollout. CXMT said it shipped LPDDR6 samples for mobile devices, servers and smart cars. The Hefei-based company also reported a sharp turnaround to profit in the first half, with revenue up 874% year-on-year to 150.3 billion yuan ($22.36 billion), in its first earnings release since listing. Separately, CXMT sued the Pentagon over its placement on a U.S. list of companies Washington says aid China’s military.

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