China's CXMT Begins Mass Production of LPDDR6 Memory Chips

Chinese chipmaker CXMT has officially started mass production of LPDDR6 memory, aiming to debut the technology in Xiaomi's upcoming 18 Fold smartphone this September.

The company reported first-half revenue of 150.3 billion yuan ($22.4 billion), an 874% year-on-year increase, following a 57.9 billion yuan ($8.6 billion) IPO in Shanghai.

While CXMT claims a lead in commercial deployment, industry officials note that Xiaomi's initial shipment target of 200,000 to 300,000 units suggests actual production capacity remains limited compared to global rivals.