Kioxia, the Japanese computer memory manufacturer spun off from Toshiba, postpones its IPO on the Tokyo Stock Exchange, citing the volatility of the semiconductor industry caused by both the COVID-19 pandemic and the ongoing trade war between China and the United States. Its IPO, which would have launched on October 6, was projected to be Japan's largest for this year.
Kioxia, the Japanese computer memory manufacturer spun off from Toshiba, postpones its initialpublicofferingonthe Tokyo Stock Exchange, citing the volatility of the semiconductor industry caused by both the COVID-19 pandemic and the ongoing trade war between China and the United States. Its initialpublicoffering, which would have launched on October 6, was projected to be Japan's largest for this year.