Japanese chipmaker Kioxia will be listed on the stock exchange next month in an initial public offering valuing the company at ¥750 billion ($4.8 billion), its filing to the Tokyo Stock Exchange said Friday.
Formerly the semiconductor unit of Japanese engineering giant Toshiba, the company is the world’s third-largest producer of NAND flash memory chips.
It was acquired by U.S. investment firm Bain Capital in 2018.