SK hynix says no decision on Solidigm amid IPO concerns

SK hynix said Thursday that no decision had been made on the future operation or financing of its US NAND subsidiary Solidigm, seeking to reassure investors amid concerns that a separate listing could undermine shareholder value. Speculation over Solidigm has grown as the chipmaker considers how to fund further investment in the subsidiary. Some investors have raised concerns that taking the subsidiary public while SK hynix remains listed could dilute the value of existing shareholders’ holdings