Samsung Electronics (SSNLF) is exploring a possible U.S. listing through American depositary receipts, a move that could broaden its investor base and improve access to U.S. capital markets, according to Bloomberg.
The company has held early discussions with banks but has not decided whether to proceed. Samsung is also watching volatility in memory-chip stocks as it considers timing, and the talks may still end without a listing.
Samsung makes memory chips, smartphones, displays, appliances and other electronics. Its semiconductor business competes directly with SK Hynix and Micron across DRAM, NAND and AI-related memory products.
Interest in a U.S. listing has returned after SK Hynix raised $26.5 billion in the largest U.S. listing by a foreign company. Samsung previously considered an ADR offering but chose not to move forward. Its broad business mix and recurring labor disputes could complicate the structure.