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وكالة الأنباء الليبية
CXMT secures multi-year DRAM supply deal
Chinese company Changxin CXMT, specialized in memory chips, has signed a long-term supply agreement with Tencent Holdings worth over 20 billion yuan (approximately $2.94 billion) to supply Dynamic Random Access Memory (DRAM) chips over a period of three to five years. This deal comes as part of China's efforts to strengthen its position in the global DRAM market, which is dominated by South Korean and American companies, amid a worldwide shortage that has driven up memory chip costs.
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