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The Nexus
BUSINESSJun 10 · 09:00 UTCSCMP WORLDAnn Cao

UniIC, a smaller rival to CXMT, pushes for mainland China IPO amid memory supercycle

Xi’an UniIC, a dynamic random-access memory (DRAM) manufacturer backed by Tsinghua UniGroup, has completed its IPO tutoring phase for a mainland China listing. The company is positioning itself against larger rival ChangXin Memory Technologies (CXMT) amid a memory supercycle.

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