TOKYO -- Japanese chipmaker Kioxia Holdings plans to leverage its mid-December initial public offering to quickly get on a growth track before rival SK Hynix has an opportunity to grab a larger role in the company's management.
Semiconductors
Japan chipmaker Kioxia set for IPO with more shake-ups in the cards
Rival SK Hynix could become more involved in management by increasing stake
Kioxia is jointly investing up to 729 billion yen in this plant in central Japan’s Mie prefecture with Western Digital. (Kioxia)
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