Kioxia files IPO registration statement; targeting December, sources say

Quick Summary:

TOKYO :Bain Capital-backed Kioxia filed a registration statement on Friday which will allow the Japanese chipmaker to sound out investors for an initial public offering.

Kioxia's filings indicate it aims to conduct an IPO some time from December through June 2025.

Kioxia is readying capacity expansion on the back of the boom in chips for artificial intelligence applications.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: 2024 Kioxia Japan Investors File Tokyo Chipmaker Photo: Japanese Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 11:36:42 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

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Sentences: 18 lines

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