SK Hynix said it paused the proposed US listing of Solidigm, the former Intel NAND flash and solid-state-drive business. Reuters reported that the share sale had been discussed as a way to fund expansion, including a possible US factory, and could have raised as much as $15 billion.

The company said the decision does not change Solidigm's growth prospects or investment needs. It will continue reviewing funding options, while South Korean regulators examine whether an overseas listing would comply with tighter rules intended to protect existing shareholders.

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