Subject


Kioxia


2024-10-14

[News] Why Is Kioxia Delaying Its IPO? Market Valuation Reportedly Half of Target

Japanese NAND flash memory giant Kioxia had reportedly planned to delay its October IPO. According to the latest report from Reuters, Kioxia's major shareholder, U.S. investment firm Bain Capital, abandoned the October IPO plan after investors valued the company at only half of its target. Reuter...

2024-09-25

[News] Kioxia Reportedly Cancels IPO Plan Next Month, Possibly Delaying It until November

A month ago, Kioxia has reportedly submitted its initial public offering (IPO) application to the Tokyo Stock Exchange. However, as the memory market recently seems to be on a roller coaster ride, the latest report by Reuters notes that the Japanese memory chip maker has decided to cancel its plan t...

2024-09-02

[News] Kioxia’s FY24 Revenue Reportedly to Reach JPY 1.6 Trillion, Hitting Record High

Japanese NAND Flash giant Kioxia is striving for a V-shaped recovery in its performance. According to a report from Japanese news outlet 47news, benefiting from the quick rebound in the semiconductor market, Kioxia's revenue this fiscal year is reportedly set to reach an all-time high, with oper...

2024-08-27

[News] Kioxia’s IPO Paves the Way for SK Hynix to Secure Funds for HBM Investment

Kioxia has moved forward with its plans to go public, starting the process on August 23. This development follows Bain Capital, a U.S. private equity firm with a majority stake in Kioxia, submitting an application for the listing to the Tokyo Stock Exchange on the same day, according to Nikkei. K...

2024-08-26

[News] Kioxia Filed for Listing, Reportedly Marking Japan’s Largest IPO of the Year

According to a report by the Nikkei, Japanese chip manufacturer Kioxia has submitted its initial public offering (IPO) application to the Tokyo Stock Exchange, triggering a long-awaited move as the development of artificial intelligence (AI) drives a surge in semiconductor demand. The company aims ...

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