➀ Kioxia has filed an application to list on the Tokyo Stock Exchange with a target market cap of over $10.3 billion and aims to raise $500 million. ➁ The company is currently owned 56% by Bain and Hynix, with Toshiba holding 41%, making it the third largest producer of NAND flash. ➂ There have been ongoing discussions about a potential merger between Kioxia and Western Digital, which jointly owns some NAND production facilities with Kioxia.
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