➀ China's DRAM manufacturer Changxin Memory Technologies is expected to have 11% of the global DRAM capacity this year; ➁ Changxin's capacity has increased from 120k wpm at the end of 2023 to 160k wpm in Q1 2024, aiming for 200k wpm by the end of the year; ➂ This rapid expansion could lead to oversupply and a decrease in ASPs for older DRAM types.