SK Hynix Shelves Solidigm U.S. Listing Plans

SK Hynix has shelved plans for a U.S. listing of Solidigm, its NAND flash-memory unit, citing market conditions, The Wall Street Journal reported October 23. The reported IPO had sought a valuation of up to $150 billion and about $15 billion raised. No new date was set. South Korea had said the listing could violate dual-listing rules.