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EkonomikGüney Kore

SK hynix halts review of Solidigm US IPO

23 Eki 00:28KREtki 48

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SK hynix Inc. said Friday it has decided to suspend plans for the listing of its US subsidiary Solidigm, citing market conditions. Reports have circulated that Solidigm was considering an initial public offering in the United States as early as next year, potentially valuing the subsidiary at up to $150 billion. "We have decided to halt its review of a pre-IPO fundraising round and a subsequent IPO after taking into account overall capital market conditions," the South Korean chipmaker said. How

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