Chinese memory firms edge closer to challenging Korea's chip giants
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China's two leading memory-chip makers are moving closer to public listings as both companies rapidly expand production and gain market share, raising fresh questions about whether Samsung Electronics and SK hynix could face a new competitive challenge from China's growing semiconductor industry. ChangXin Memory Technologies (CXMT), China's leading dynamic random-access memory (DRAM) producer, won approval last week for its nearly 30-billion-yuan ($4.4 billion) initial public offering (IPO) in S
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