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SK Hynix cancels pre-IPO financing and IPO plans for its subsidiary Solidigm.

BlockBeats news, October 23 - SK Hynix announced in a statement that its overseas subsidiary Solidigm has canceled its pre-IPO financing. Given market conditions and stock price trends, the IPO review has been halted. The necessity to invest in Solidigm's growth remains unchanged, and the company will continue to explore alternative ways to enhance shareholder value.

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