Changxin Storage's profit margin surpasses SK Hynix and Micron to take the top spot

According to Nikkei Asia, Chinese chip manufacturer Changxin Storage (CXMT) has taken the lead in profit margins over global competitors, surpassing SK Hynix and Micron. The company has leveraged the tight supply of commodity-grade DRAM to gain an advantage in the second quarter.

Changxin Storage's main products include DDR5 memory, which has seen price increases in recent months. Reports indicate that this situation has emerged in the storage chip industry dominated by suppliers from South Korea, the United States, and Japan.