08-11-2024 22:02 via macdailynews.com

Apple supplier Kioxia files for IPO

Bain Capital-backed Kioxia, an Apple NAND flash supplier, filed for an IPO on Friday and sources familiar with the matter said the Japanese chipmaker was targeting December for the offering. Kioxia customers Apple orders are responsible for Kioxia’s sales in the year ended March.
Reuters:‎The IPO registration marks a fresh attempt to go public. Bain scrapped plans for an IPO in October after investors pushed the U.S. buyout firm to almost halve the 1.5 trillion yen ($9.8 billion) valu
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