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Search results for ChangXin Memory Technologies

Industry

YMTC parent CCSH prepares for Shanghai IPO after CXMT debut

CCSH, the parent of Chinese NAND flash leader Yangtze Memory Technologies Co (YMTC), is pushing ahead with a Shanghai listing, drawing attention to whether it could rewrite China’s memory chip IPO records. CCSH plans to offer 1.98 billion to 2.43 billion shares, or 10 to 12 percent of its capital after a capital increase, with a 15 percent overallotment option. It earmarked 33 billion yuan for projects, including production upgrades and R&D.

Industry

China AI and chipmakers roll out share incentives to retain talent

Chinese AI and semiconductor companies are rolling out large share incentives to prevent key talent from leaving, disclosures show. Plans range from free stock grants to programmes covering most employees. Cambricon Technologies allocated nearly 600,000 shares to 124 staff and granted 5 million shares to 944 employees. Zhongji Innolight awarded 2.48 million shares to 99 people. Tencent and Alibaba are also adjusting compensation systems.

Industry

Apple\'s $1 billion chip output stuck at TSMC as DRAM shortage delays final packaging

Apple’s next-generation mobile chip, believed to be the A20 Pro, is reportedly unable to enter final packaging at TSMC because of a shortage of DRAM. About $1 billion worth of completed Apple silicon wafers is waiting to move to the next process. Production volume and yields are said to be solid, but required LPDDR5X memory has not arrived. With a new packaging structure integrating processor and DRAM at the wafer stage, Apple cannot stockpile chips without memory.