Former Toshiba Chip Unit Postpones $14 Bil. Ipo
Major Japanese memory-chip maker, Kioxia Holdings, has shelved its plans to go public next week, amid growing uncertainty surrounding its business. The escalating tussle between Washington and Beijing over tech firms was behind the move.
The company is a spin-off of electronics giant Toshiba's memory chip business. Its board made the decision on Monday.
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