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US-China tensions

Japanese chipmaker Kioxia delays IPO amid US-China tensions

World's No. 2 NAND memory-chip producer braces for impact from Huawei sanctions

Kioxia Holdings, Toshiba's former memory business, will postpone plans for an initial public offering.   © Reuters

TOKYO -- Former Toshiba memory unit Kioxia Holdings, the world's second-largest maker of NAND flash memory chips, behind Samsung Electronics, will postpone plans for an initial public offering, the company announced on Monday.

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