SK Hynix is reportedly exploring a potential initial public offering for its NAND flash subsidiary, Solidigm, in the United States. Industry insiders indicate that the chipmaker has initiated discussions with various investment banks to select underwriters for the prospective listing. Estimates suggest that the subsidiary could achieve a valuation of approximately $150 billion, potentially raising $15 billion in capital. This development has sparked significant disagreement among investors. Some market participants argue that the move could reveal the underlying value of the subsidiary, while others express concerns that the listing might negatively impact the interests of current SK Hynix shareholders through dilution. The company has yet to finalize the details of this strategic financial move.
Source : The Korea Herald
Photo : The Korea Herald
