Solidigm Hires Trump-Tied Lobbying Firm Ahead of Possible US IPO

Solidigm, the US subsidiary of SK hynix, retained lobbying firm Ballard Partners on Sept. 24 to work on US memory manufacturing policy and foreign investment compliance. The move is seen as preparation for a possible US stock listing as early as next year, though concerns remain over a potential dual listing and a complex governance structure.

• Solidigm hired Ballard Partners on Sept. 24, disclosed Oct. 14
• Lobbyist is CEO Brian Ballard, tied to Trump's circle
• Lobbying covers US memory manufacturing policy and investment rules
• Company is pursuing a US IPO as early as next year