Kioxia Files for Long-Delayed IPO as Samsung’s Lead Grows

Bloomberg11-08

(Bloomberg) -- Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange between this December and June next year in a bid to narrow the yawning gap with memory leader Samsung Electronics Co. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481754149?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/UeQaSyKwQ4gzZ1QG5LPosQ--~B/aD0xMzMzO3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_technology_68/9bb2f2556deb02fcf268a51e05177266","is_english":true,"pubTime":"2024-11-08 15:07","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2481754149","market":"us","top_or_hot":-1,"title":"Kioxia Files for Long-Delayed IPO as Samsung’s Lead Grows","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange between this December and June next year in a bid to narrow the yawning gap with memory leader Samsung Electronics Co.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/kioxia-files-long-delayed-ipo-070709438.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kioxia Files for Long-Delayed IPO as Samsung’s Lead Grows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKioxia Files for Long-Delayed IPO as Samsung’s Lead Grows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 15:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/kioxia-files-long-delayed-ipo-070709438.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange between this December and June next year in a bid to narrow the yawning gap with memory leader Samsung Electronics Co.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/kioxia-files-long-delayed-ipo-070709438.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4170","symbol_name":"电脑硬件、储存设备及电脑周边","start_time":0,"source_url":"https://finance.yahoo.com/news/kioxia-files-long-delayed-ipo-070709438.html","article_id":"2481754149","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/UeQaSyKwQ4gzZ1QG5LPosQ--~B/aD0xMzMzO3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_technology_68/9bb2f2556deb02fcf268a51e05177266"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481754149","pubTimestamp":1731049629,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":" -- Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange between this December and June next year in a bid to narrow the yawning gap with memory leader Samsung Electronics Co.The NAND flash memory maker plans to use a new scheme that would fast-track its oft-delayed initial public offering. Both the price and size of the stake to be floated were undecided, according to a filing on Friday.The stock offering would represent what may be Kioxia’s last chance to remain competitive. A successful debut would give it money to ramp up capacity and help it capitalize on a recovery in chip prices.But in the four years since first shelving an October 2020 IPO, the Tokyo-based company’s fallen technologically behind Samsung and SK Hynix Inc., making it even more vulnerable in the next downturn. A prolonged slump in the price of NAND, used in smartphones and solid-state drives, hurt Kioxia more than its rivals, which have revenues from other products such as DRAM and high-bandwidth memor","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4170":"电脑硬件、储存设备及电脑周边","SSNLF":"三星电子"},"translate_title":"随着三星领先优势的扩大，铠侠申请拖延已久的IPO","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SSNLF":0.9},"content_text":"(Bloomberg) -- Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange between this December and June next year in a bid to narrow the yawning gap with memory leader Samsung Electronics Co.\nThe NAND flash memory maker plans to use a new scheme that would fast-track its oft-delayed initial public offering. Both the price and size of the stake to be floated were undecided, according to a filing on Friday.\nThe stock offering would represent what may be Kioxia’s last chance to remain competitive. A successful debut would give it money to ramp up capacity and help it capitalize on a recovery in chip prices. \nBut in the four years since first shelving an October 2020 IPO, the Tokyo-based company’s fallen technologically behind Samsung and SK Hynix Inc., making it even more vulnerable in the next downturn. A prolonged slump in the price of NAND, used in smartphones and solid-state drives, hurt Kioxia more than its rivals, which have revenues from other products such as DRAM and high-bandwidth memory.\nThe company had most recently eyed an IPO in October in what had been expected to be one of Japan’s biggest offerings of 2024, but that had been postponed.\nShareholder Bain Capital holds 56% of the company, while Toshiba Corp. owns 41% and Hoya Corp. has 3%, according to data compiled by Bloomberg.\nThe debut also would come as Kioxia continues to juggle on-again-off-again merger talks with Western Digital Corp. After posting six straight quarters of operating losses through 2023, Kioxia needs to show it can ride a recovery in memory prices before the next cyclical downturn. \n©2024 Bloomberg L.P.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481754149"}