Live Feeds
● LIVE Updated 1h ago · 16 sources tracked

SK Hynix’s Flash Memory Unit Said to Pick Banks for 2027 US IPO

SK Hynix flash memory subsidiary Solidigm has reportedly chosen Goldman Sachs and Morgan Stanley to lead an upcoming US initial public offering. The public offering is targeted for 2027, with the offering expected to raise around US$10 billion. Some market reports suggest a potential valuation reaching up to $100 billion. The selection of lead underwriters marks a significant step toward taking the flash memory unit public, though the timeline and structural plans continue to draw sharp attention from investors and political figures in South Korea.

🎙️

Listen to Live Briefing

Real-time synthesized voice briefing · Live Feeds Desk

⏱ ~3 min
Speed:
RSS Source map (16)
⚡ Key Developments & Real-Time Context
Text size:
  • ✓ Goldman Sachs and Morgan Stanley have been selected to lead an initial public offering for SK Hynix flash memory unit Solidigm.
  • ✓ The initial public offering is planned for 2027.
  • ✓ The offering is expected to raise around US$10 billion.
  • ✓ SK hynix has reiterated that no decision has been finalized regarding Solidigm's US initial public offering.
🛡️ Source Corroboration: 16 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Solidigm selected Goldman Sachs and Morgan Stanley as lead underwriters to pursue a US initial public offering in 2027.

Live updates

  1. SK Hynix Flash Unit Solidigm Eyes 2027 US IPO

    SK Hynix flash memory subsidiary Solidigm has reportedly chosen Goldman Sachs and Morgan Stanley to lead an upcoming US initial public offering. The public offering is targeted for 2027, with the offering expected to raise around US$10 billion. Some market reports suggest a potential valuation reaching up to $100 billion. The selection of lead underwriters marks a significant step toward taking the flash memory unit public, though the timeline and structural plans continue to draw sharp attention from investors and political figures in South Korea.

    Why it matters

    Solidigm operates as a flash memory subsidiary under SK Hynix, which is part of South Korea's second-largest chaebol, SK Group. The potential listing has triggered heightened scrutiny and shareholder concern regarding corporate governance and protection. Lawmaker Ahn Cheol-soo has publicly demanded that the SK chairman clarify the group plans surrounding the initial public offering.

    What is confirmed

    • Goldman Sachs and Morgan Stanley have been selected to lead an initial public offering for SK Hynix flash memory unit Solidigm.
    • The initial public offering is planned for 2027.
    • The offering is expected to raise around US$10 billion.
    • SK hynix has reiterated that no decision has been finalized regarding Solidigm's US initial public offering.

    Still unconfirmed

    • Solidigm is eyeing a US initial public offering at a valuation of up to $100 billion.

    What to watch next

    • Official announcements from SK Hynix or SK Group confirming or denying the initial public offering plans.
    • Responses from SK Group leadership regarding demands from political figures like Ahn Cheol-soo to clarify shareholder protection and listing details.
    Sources used for this update (17)
    1. Bloomberg.com — SK Hynix’s Flash Memory Unit Said to Pick Banks for 2027 US IPO
    2. TradingView — Weekly Recap: Shareholder protection review and Bernstein price-target cut
    3. 매일경제 — "">;="">Investors are raising their voices over the news of SK Hynix's grandson Solidigm's listing..
    4. The Korea Times — SK hynix reiterates no decision on Solidigm's US IPO
    5. Chosunbiz — Solidigm picks Goldman Sachs, Morgan Stanley to pursue US IPO amid Korea ties - CHOSUNBIZ
    6. Businesskorea — Solidigm Eyes U.S. IPO at Up to $100 Billion Valuation
    7. 아시아경제 — "SK hynix's Solidigm Selects Lead Underwriters for U.S. IPO... Listing as Early as Next Year"
    8. Seoul Economic Daily — Ahn Cheol-soo Demands SK Chairman Clarify Solidigm IPO Plans
    9. Seeking Alpha — SK Hynix's Solidigm selects Goldman, Morgan Stanley to lead $100B US listing: report (SKHY:NASDAQ)
    10. Investing.com — Solidigm selects lead banks for blockbuster US IPO, Bloomberg reports
    11. eng.sk.com — Building Industries For A Better Tomorrow | SK
    12. sktools.com — SK Professional Tools – SK Tools USA, LLC
    confidence 90%
📊

Community Sentiment: How do you assess this situation?

Voice your perspective · Real-time aggregated sentiment from the Live Feeds community