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Expansion of China's CXMT DRAM Market Share and Market Competition

The Motley Fool +1 · ·by G4L

SKHY SK Hynix Inc ADR
$129.66 -3.51%
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MU -1.10%
  1. 1CXMT more than doubled its DRAM market share from 4% to 10% by the end of the second quarter.
  2. 2CXMT's stock price rose 466% on its IPO day.
  3. 3Counterpoint Research reported that CXMT's market share fell from 10% in the second quarter to 9% in the third quarter.

So what's the key point?

China's CXMT saw its share of the memory market grow to 10% before decreasing to 9%. The company's situation is changing as its market share fluctuates.

Source The Motley Fool +1 · View original ↗

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