Foreign media: Changxin Memory Technologies will shake the global storage industry monopoly

Odaily Planet Daily News: Many South Korean media believe that the recent sharp drop in the stock market is interpreted as the impact of the listing of Changxin Memory Technologies, China's largest semiconductor company. Market concerns that Changxin Memory Technologies, with funds raised from its stock market listing, will catch up with semiconductor companies like Samsung Electronics and SK Hynix have spread, dampening investment sentiment.

According to a previous report by CNBC, Z-Ben Advisors analyst Peter Alexander believes that, following the development path of the steel and new energy vehicle industries, Changxin Memory Technologies will quickly capture market share in low-end memory chips and ultimately shake the monopoly of Samsung Electronics, SK Hynix, and Micron Technology in the global storage industry. (Zhongxin Jingwei)