Memory chip maker SK Hynix seeks to raise $28B through U.S. IPO

SK Hynix Inc., the South Korean firm that rivals Samsung Electronics Co.

Ltd and Micron Technology Inc. as one of the world’s top memory chipmakers, said today it will sell almost 17.8 million shares when it launches its U.S. initial public offering later this week.

The sale is expected to help the company raise around […]

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