Foreign media: ChangXin Memory will shake the global memory industry monopoly

Odaily Planet Daily News Multiple Korean media outlets believe that this sharp decline in the stock market is interpreted as the impact of the listing of ChangXin Memory, China's largest semiconductor company. Concerns that ChangXin Memory, with funds raised from its stock market listing, will catch up with semiconductor companies such as Samsung Electronics and SK Hynix have spread, dampening investor sentiment.

According to previous reports by CNBC, Z-Ben Advisors analyst Peter Alexander believes that, following the development path of the steel and new energy vehicle industries, ChangXin Memory will rapidly seize market share in the low-end memory chip segment and ultimately shake the monopoly position of Samsung Electronics, SK Hynix, and Micron Technology in the global memory industry. (China-Singapore Jingwei)