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China's Changxin Memory delays IPO, eyeing valuation of $19.5 bln: Report, ET Telecom - Vimarsana News

China's Changxin Memory delays IPO, eyeing valuation of $19.5 bln: Report, ET Telecom

CXMT IPO: The chipmaker, owned by state-backed parent Innotron Memory Co, is China's leading maker of DRAM memory chips. Bloomberg reported in April that CXMT's IPO would target a valuation of more than $14.5 billion.