Japanese chipmaker Kioxia said to file preliminary IPO application

Japanese chipmaker Kioxia said to file preliminary IPO application

FILE PHOTO: Japanese chipmaker Kioxia's products are displayed at its headquarters in Tokyo, Japan, September 30, 2021. REUTERS/Kim Kyung-Hoon/File Photo

Bain Capital-backed chipmaker Kioxia plans to submit a preliminary application to list shares on the Tokyo Stock Exchange in the coming days, two people familiar with the matter said.