CXMT (688825.SH) is preparing to produce advanced smartphone memory chips, narrowing the technology gap with Micron Technology, Inc. (MU.US), SK hynix Inc. (SKHY.US) and Samsung Electronics, Bloomberg, citing sources, reported.

The company plans to begin small-scale production of advanced low-power memory chips around the end of the year. If prototype testing delivers favorable results, mass production will commence.

The advanced chip, known as Low Power Double Data Rate 6 memory (LPDDR6), offers considerably faster data transmission speeds and higher energy efficiency compared with previous-generation products, helping smartphones and laptops run AI applications.
~

AASTOCKS Financial News
Website: www.aastocks.com

SG Top Picks
Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
XIAOMI (C)	13152	34.88 (-)	0.122	6.4 X
XIAOMI (C)	15558	32 (-)	0.120	4.9 X
XIAOMI (C)	14259	30.5 (-)	0.260	5.0 X
XIAOMI (P)	15898	26.4 (-)	0.153	3.3 X
XIAOMI (P)	15346	23.8 (-)	0.082	4.2 X
XIAOMI (Bull)	62461	25.6 (26)	0.026	10.8 X
XIAOMI (Bull)	61531	24.6 (25)	0.073	7.7 X
XIAOMI (Bear)	54537	33.4 (33)	0.044	6.4 X
XIAOMI (Bear)	53413	32.4 (32)	0.039	7.2 X
MU (P)	11114	400 (-)	0.310	2.7 X
APPLE (C)	11132	300 (-)	0.300	9.1 X
APPLE (P)	11063	248 (-)	0.028	13.2 X
META (C)	11069	830 (-)	N/A	N/A
META (P)	11138	475 (-)	0.340	5.0 X
AMZN (P)	11137	180 (-)	0.033	6.8 X