SK Hynix Cancels US IPO Plan for Solidigm Subsidiary
South Korean chipmaker SK Hynix has decided not to proceed with a US initial public offering (IPO) for its subsidiary Solidigm, according to Korea Economic Daily. The company is exploring ways to enhance Solidigm's competitiveness but has made no final decisions. Solidigm, based in Rancho Cordova, California, specializes in NAND flash memory and solid-state drives.
ET Tech··Rancho Cordova




