CXMT reportedly plans to enter NAND flash production

According to Reuters, Chinese memory maker CXMT is preparing to expand from DRAM into NAND flash memory used in SSDs and storage drives. The information is based on three sources familiar with the company's plans.

• CXMT is expanding from DRAM into NAND flash memory
• Reuters reported the plans on September 18, citing three sources
• NAND is used in SSDs and other storage drives