Kioxia has reportedly lost two-thirds of its peak market value since June
Nikkei Asia reports, via Techmeme, that the NAND flash maker’s decline comes as Chinese rivals emerge.
TLDR
Techmeme shared a Nikkei Asia report by Kyohei Suga saying Kioxia has lost two-thirds of its peak market value since June, when it became Japan’s most valuable listed company. The report describes the decline as Chinese rivals emerge.
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