TOKYO -- Memory chip maker Kioxia Holdings' postponement of its initial public offering casts doubt on a vision of creating a more powerful industry No. 2, one able to cut into Samsung Electronics' lead while fending off the rise of Chinese competitors.
Sino-American trade frictions proved a major factor in the decision to delay the Oct. 6 listing in Tokyo, threatening to freeze the Toshiba spinoff's shipments to Huawei Technologies.
