Demand for both CXMT & YMTC from within China is very high. I think higher CXMT ASP can be explained by purchases on spot mkt vs LTA.

Important part is my highlight. The capacity expansion will be faster than any reported estimate. When demand is this high & cash is plentiful. Why would these 2 chipmakers stop @ Micron size? — via @tphuang

High demand, spot market purchases, and faster capacity expansion drive this high-scoring corporate update.