Korean media: Samsung’s secret research on the feasibility of listing in the US via ADRs,

the company previously denied related plans
On July 15, according to Korean media Bloter, insiders said Samsung Electronics has started internal research on various options for issuing ADRs in the United States and is assessing the relevant operational procedures. Bloomberg
On July 14, Bloomberg reported that Samsung Electronics had held preliminary discussions with multiple investment banks about listing in the US via ADRs. Samsung Electronics responded that it had not considered listing in the US market by issuing ADRs. However, market participants believe that the company’s denial this time does not mean the possibility of issuing ADRs in the future has been completely ruled out.
Despite the company’s denial of the plan, under management instructions, relevant business departments have begun evaluating the potential costs, benefits, and required procedures for issuing ADRs. Semiconductor industry insiders said on July 15 that the company’s management recently asked the relevant departments to study whether a viable architecture could be designed for Samsung to issue ADRs. As part of the research, relevant personnel at Samsung Electronics have sought information from SK hynix, which recently completed an ADR issuance and was listed on Nasdaq.