Changxin energy storage

Will China's big fund invest $39 billion in Xinqiao storage technology?

Following China’s Big Fund’s substantial $14.56 billion RMB investment in Changxin Xinqiao Storage Technology, a memory chip manufacturer, at the end of October, there are now reports of an additional $39 billion RMB injection.

Why did Changxin Xinqiao start a DRAM factory?

With support from the Hefei City government, Changxin Xinqiao initiated the DRAM factory construction project in 2019 and laid out a policy to make use of domestically manufactured semiconductor production equipment. (Image: C XMT)

How is Changxin Xinqiao accelerating the procurement process?

At present, Changxin Xinqiao has initiated the tendering process for new facility equipment and is poised to accelerate procurement and related procedures using the recently acquired funding.