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Chinese chip startup Changxin seeks to raise new funding at $19.51 billion valuation; delays IPO

Chinese chip maker Changxin Memory Technologies Inc (CXMT) has decided to postpone its planned initial public offering (IPO) originally set for earlier this year, making it the latest Chinese company to cancel its IPO debut due to volatile market conditions.
The post Chinese chip startup Changxin seeks to raise new funding at $19.51 billion valuation; delays IPO first appeared on TechStartups.

Chinese chip maker Changxin Memory Technologies Inc (CXMT) has decided to postpone its planned initial public offering (IPO) originally set for earlier this year, making it the latest Chinese company to cancel its IPO debut due to volatile market conditions. […]

The post Chinese chip startup Changxin seeks to raise new funding at $19.51 billion valuation; delays IPO first appeared on TechStartups.

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