DIGITIMES

Solidigm IPO cancellation puts SK Hynix's Kioxia stake in focus

SK Hynix's decision to halt evaluation of a Solidigm pre-IPO and IPO has renewed questions over how it will finance a planned NAND flash plant in the US. Selling remaining assets linked to its investment in Kioxia has emerged as a potential funding option, but Kioxia's share-price decline and the investment's strategic and shareholder value have complicated the timing and necessity of any sale.

By DIGITIMES

1 min read
Solidigm IPO cancellation puts SK Hynix's Kioxia stake in focus
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