CXMT is nearing LPDDR6 production. The company that just IPO’d at 470% could give Samsung and SK Hynix a competitor in next-gen phone memory.

ChangXin Memory Technologies has nearly completed R&D verification for LPDDR6 smartphone memory at speeds of up to 12. 8Gbps, China Business News reported. This is one of the final technical stages before trial production.

Source: [TNW](https://thenextweb.com/news/cxmt-lpddr6-memory-smartphone-production-near)