SK Hynix puts Solidigm US IPO on hold amid market volatility and South Korean concerns over shareholder interests.
SK Hynix has shelved plans for a potential U.S. IPO of Solidigm amid market volatility and share price concerns.
SK Hynix’s plans to launch its US memory unit Solidigm on an American exchange at a listing projected to be worth $15 billion have been called off. The decision was made due to shareholder...
Solidigm, the US-based subsidiary established by SK Hynix, has officially halted its review of potential pre-IPO and IPO options.
Solidigm was created from the business SK hynix acquired from Intel and sells enterprise solid-state drives.
SEOUL -- SK Hynix has abandoned plans for a New York IPO for its U.S. unit, days after South Korea's financial regulators said the chipmaker's move would contravene a duplicate listing ban.
SK Hynix on Friday put on hold a planned US listing for its Solidigm chip unit due to market volatility — a move which also comes after South Korean authorities raised concerns that the deal...
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