News Formal

Japan's chipmaker Kioxia to scrap IPO plan as Sino-US tensions rise: Nikkei Business

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

[TOKYO] Kioxia Holdings, the world's second-largest memory chipmaker, will scrap plans for an initial public offering (IPO) as tensions between China and the United States have been rising, the Nikkei Business magazine reported on Sunday. Read more at The Business Times.

[TOKYO] Kioxia Holdings, the world's second-largest memory chipmaker, will scrap plans for an initial public offering as tensions between China and the United States have been rising, theThe reported decision comes after Kioxia earlier this month set a tentative price range for an IPO in Tokyo that put the market value lower than two trillion yen , the price that a Bain Capital-led group paid for the company two years ago.

The memory chip market is bracing for an impact from tighter US restrictions on Huawei Technologies that came into force this month.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 15. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

US business spending digging out of deep hole; outlook uncertainNew orders for key U.S.-made capital goods increased more than expected in August and shipments raced to their highest level in nearly six years, ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »