Solidigm IPO debate directly impacts SK hynix shareholder value.
Context
What happened: SK hynix is weighing a potential US listing of its NAND subsidiary Solidigm, which has met investment banks to discuss underwriters. SK hynix said it is exploring options but has made no final decision.
Key numbers: Estimated valuation up to $150 billion, raise up to $15 billion.
Why it matters: Supporters say a listing could prompt a reassessment of SK hynix by highlighting its NAND business. Critics say shareholders helped finance Solidigm and a listing could shift future growth value away from the parent's shareholders.