Samsung (KRX:005930) is in early-stage talks with banks about a possible American depositary receipt offering, though no final decision has been made, Bloomberg News reported on Tuesday, citing persons familiar with the matter.
The company is weighing factors such as volatile memory chip stocks and potential challenges from its complex business structure and ongoing labor disputes, the news wire said.
While Samsung previously passed on similar opportunities, the successful US listing of rival SK Hynix (KRX:000660) has prompted the company to revisit the idea, though current efforts remain exploratory, the publication said.
Samsung did not immediately reply to' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)