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Apple supplier Kioxia files for IPO
- Bain Capital-backed Kioxia, an Apple NAND flash supplier, has filed for an IPO and aims for a December offering.
- Kioxia's previous attempt for an IPO was scrapped after investors pushed for a lower valuation.
- A Bain-led consortium acquired Kioxia from Toshiba six years ago for 2 trillion yen.
- Kioxia faces challenges due to the downturn in the memory chip market and competition from rivals.
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