A particularly surprising discovery is that CXMT is constructing its cleanrooms—where the actual silicon is produced—in just around 12 months, whereas the rest of the DRAM manufacturing industry typically takes 21-24 months, nearly a full year longer.
Finally, the report notes that the Chinese government is encouraging CXMT to transfer its DRAM technology IP to other Chinese DRAM manufacturers such as JHICC, Swaysure, and YTMC’s subsidiary XMC. This initiative aims to alleviate memory shortages domestically before CAMT-designed DRAM enters other markets, such as the EU and possibly even the U.S.
Why would you assume any of that? If there is one constant in large-scale engineering projects, it is project managers over-promising on what their teams can deliver. In this case, they are promising a miracle salvation from the global DRAM shortage, so a measure of scepticism is, I believe, warranted.
Everything, everywhere, doesn’t always happen as it does in your frame of reference and experience. I find it unlikely that you’re genuinely an expert in engineering projects of this sort and specifically in exactly how they’re undertaken in China with large scale government support.
I am not an expert in engineering projects in China, which is why I rely on 3rd party reporting to give me an idea of what is going on in that space. And when China makes what seems to me to be a preposterous claim, qualified by “if everything goes according to schedule,” I am suspicious. Not because I particularly distrust Chinese engineers, but because the project managers in my own country are prone to the same tendency to overstate scope, and understate budget and schedule.