China's CXMT Starts LPDDR6 Production and Secures Xiaomi Supply Deal

Key Facts

1Chinese chipmaker CXMT has commenced production of the next-generation LPDDR6 memory.

2CXMT secured a supply deal with Xiaomi to integrate the new memory chips into its devices.

In a move reflecting the accelerating technical evolution within China's semiconductor sector, chipmaker CXMT has commenced production of next-generation LPDDR6 memory. According to reports, the company has secured a supply deal with Xiaomi to integrate these new chips into its upcoming devices. This development marks a significant milestone in China's push for self-sufficiency in high-performance mobile components.

This partnership strengthens Xiaomi's supply chain resilience as the company pursues a strategy to diversify its sources for critical components. Per market data, Xiaomi (1810.HK) shares closed at HKD 27.82 as of August 28, 2026. The move is expected to mitigate reliance on external suppliers amid intense global competition for advanced memory technologies.

Traders are currently monitoring Xiaomi's stock stability near support levels established by its August 28, 2026, daily low of HKD 27.36. With no immediate sector-specific catalysts in the upcoming economic calendar, market focus remains on CXMT's ability to scale production to meet Xiaomi's technical requirements.