Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

SMIC Profits Soar to $138m in Second Quarter
Foldable Phone-Maker Plans Shenzhen IPO, Dispelling Rumors of U.S. Listing
Astra Inks Oxford Vaccine Production Deal with China’s Kangtai
Trending Story: Are Any New Graduates Really Worth 2 Million Yuan a Year? Netizens Discuss!
Trending in China: Popcorn or Cheaper Tickets - What Would Make You Return to the Cinema?
Tesla Challenger Xpeng Raises $400 Million Before Planned U.S. IPO
CATL Announces it Will Supply Batteries for Mercedes-Benz New Electric Sedan
TikTok Sees No Slowdown in Global Popularity Despite Indian Ban and U.S. Threats
Baidu Search, Sina Weibo on ‘Secret List’ of Chinese Apps Banned in India’s Latest Purge
Trending in China: Choosing a College Major - For Love or Money?
Evergrande Health Forges Ahead With Six New Electric Vehicles
Trending in China: How Cute Rabbit Ears Are On the Frontline in Fight Between Delivery Firms
Chinese Company Files Lawsuit Against Apple’s Siri for Patent Infringement Worth Billions
China Home to Six of the World’s Top 10 Unicorns, Hurun Report Says
Trending in China: Can Music Streamers Help Users’ Depression?
Core Parts of China’s Beidou Satellite System ‘100% Made in China’
Trending in China: Xiaomi CEO’s Shows How Best To Harness China’s Social Media Humor for Serious Business
Apple Takes Down Over 30,000 Apps from China Store Amid Government Crackdown
Chinese Chipmaker SMIC to Establish Joint Venture for Wafer Production
Microsoft Said Plan to Acquire TikTok Will Continue
State-Owned Unigroup to Build Memory Chip Plant in Chongqing

By Zhang Erchi and Tang Ziyi / Aug 28, 2019 01:23 PM / Business & Tech

Photo: VCG

Photo: VCG

State-owned chipmaker Tsinghua Unigroup Ltd. on Tuesday signed a deal with the Chongqing municipal government to build a memory chip design and manufacturing facility in the southwestern Chinese city.

The facility, which will focus on making DRAM—one of two types of memory chips — will include a factory, a science park and a research and development center. The factory, which will mainly produce 12-inch DRAM, is expected to begin production in 2021, the company said.

The move is part of Unigroup’s ambition to become a world-class semiconductor player. The manufacture of DRAM and NAND — the other major memory chip type — is currently dominated by the likes of South Korea’s Samsung and Hynix, as well as U.S. giant Micron.

As part of the agreement, the headquarters of Unigroup’s new memory chip-focused business group will be set up in Chongqing. The company last month announced the formation of an internal business group for developing DRAM.

Read the full story on Caixin Global later today.

Contact reporter Tang Ziyi (

Share this article
Open WeChat and scan the QR code