Apple’s China memory demand of 600M GB exceeds CXMT’s capacity through 2027

Apple needs 600 million gigabytes of DRAM from China’s top memory chipmaker, ChangXin Memory Technologies. That figure represents about 6.6% of CXMT’s total capacity, which sounds manageable until you learn the company is fully booked through 2027 and won’t even cover half of China’s total memory demand by 2028. The math is brutally simple. CXMT’s projected output by 2028 sits around 10,000 million GB. China’s expected demand at that point: roughly 20,000 million GB. A chipmaker with no spare seats CXMT is running hot. Its utilization rate sits at 95.73% in 2025. The company currently holds approximately 8-11% of global DRAM wafer capacity, a share projected to climb toward 15% by 2028. Apple reportedly began testing CXMT’s DRAM chips for products sold in China around mid-2026. The move is part of a broader effort to diversify memory sourcing away from Samsung, SK Hynix, and Micron, particularly for devices destined for the Chinese market. Apple has simultaneously been lobbying the US government for regulatory guidance on working with CXMT, which the Pentagon has flagged for potential military ties. AI is eating the memory market An estimated 15-20% of consumer electronics memory c...