The Unlikely Sibling Rivalry of SK Hynix and Kioxia The recent update from Bain regarding its continued ownership of a 14% stake in Kioxia through a special purpose investment vehicle is a significant development in the complex web of corporate relationships between South Korea's tech giants.
This news serves as a reminder that even as these companies jostle for dominance, their family ties are still worth examining.
The partnership between SK Hynix and Bain was initially viewed with skepticism due to its opacity.