On December 18, Japan's leading NAND Flash manufacturer, Kioxia, debuted on the Tokyo Stock Exchange’s Prime Market with its Initial Public Offering (IPO). According to a report from MoneyDJ, citing Nikkei, Kioxia’s president, Nobuo Hayasaka, announced on December 19 that the company plans to ur...

Ahead of Western Digital’s upcoming spin-off, a major personnel shake-up has already taken place, as the memory giant's Executive Vice President and General Manager, Robert Soderbery, who leads the NAND and SSD business unit, will step down on January 2, according to a report from Blocks and Files...

According to a report from MoneyDJ, citing Reuters, Japanese NAND flash giant Kioxia will debut on the Tokyo Stock Exchange through an IPO on December 18. Kioxia has set its IPO price at 1,455 yen per share, giving the company a valuation of 784 billion yen (approximately USD 6.6 billion). The Re...

According to a report by Commercial Times, worsening conditions in the NAND Flash market have sparked speculation within the memory industry that Kioxia may implement production cuts in December 2024, potentially halting the decline in prices or even reversing the trend. Industry insiders quoted ...

According to a Reuters report citing sources, Kioxia, backed by Bain Capital, is expected to secure listing approval from the Tokyo Stock Exchange on Friday. The company’s IPO is projected to have a market value of around JPY 750 billion (approximately USD 4.84 billion), based on the indicative p...