SK hynix weighs Solidigm IPO to fuel US expansion

SK hynix’s US NAND subsidiary Solidigm could be moving closer to a Nasdaq debut, potentially giving the chipmaker a way to recover part of its $9 billion acquisition cost and raise fresh capital for expansion in the United States. Market attention has intensified since reports emerged that Solidigm may pursue a pre-IPO funding round followed by a US listing. SK hynix stopped short of confirming the plan last week. In an Aug. 5 regulatory filing responding to reports of a possible stake sale, the

By The Korea Herald