China's CXMT starts LPDDR6 production, secures Xiaomi foldable phone deal; Xiaomi's Xring O3 processor to support the new memory

China's ChangXin Memory Technologies (CXMT) has commenced mass production of its LPDDR6 DRAM chips, set to feature in Xiaomi's upcoming 18 Fold smartphone, with a release planned for September. The new chips will be supported by Xiaomi's Xring O3 processor, enhancing the device's performance.

Investing.com India+1 source29 August 2026 · 11:13 UTC
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ChangXin Memory Technologies (CXMT) has officially launched mass production of its LPDDR6 DRAM chips, which will be integrated into Xiaomi's 18 Fold smartphone, set for release in September. This advancement marks a significant leap for CXMT, following its previous generation of LPDDR5 chips introduced less than a year ago.1235

The LPDDR6 chips represent CXMT's most advanced dynamic random-access memory technology for mobile devices, effectively narrowing the technology gap with global competitors like Samsung Electronics and SK Hynix. Xiaomi has confirmed that its new foldable phone will utilize a new version of its 3-nanometer Xring O3 processor, designed to support the enhanced memory capabilities of LPDDR6.

This announcement coincides with a busy week for CXMT, which reported a remarkable 874% revenue surge year-on-year, reaching 150.3 billion yuan ($22.36 billion), in its first earnings release since going public. The company has also begun shipping LPDDR6 samples for various applications, including mobile devices, servers, and smart cars.

In a separate development, CXMT has initiated legal action against the U.S. Department of Defense over its designation as a company linked to China's military, highlighting the ongoing tensions in the tech sector.

Key Insight
“CXMT's first-half revenue surged 874% to 150.3 billion yuan ($22.36 billion) in its first earnings release since going public. The company also sued the U.S. Department of Defense on Friday over its inclusion on a military-linked list, amid ongoing U.S.-China chip tensions.”
CuriousCats studied:
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Investing.com India
“Chinese memory chipmaker ChangXin Memory Technologies will supply its latest LPDDR6 DRAM chips for ’s upcoming flagship foldable smartphone, the companies said Saturday, Reuters reported.”
Investing.com India →
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ReutersReuters
“China's top memory chipmaker, CXMT , will supply its latest LPDDR6 DRAM chips for Xiaomi's upcoming flagship ​folding phone, the companies said on Saturday.”
Reuters →
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