Samsung Electronics is exploring the possibility of listing depositary receipts on the New York Stock Exchange, according to Bloomberg, citing sources familiar with the matter.
The move would mark a significant step for the South Korean technology giant, which currently trades only on the Korea Exchange, in its effort to broaden its investor base and increase visibility among US institutional investors.
5 billion) over the next decade, with a heavy emphasis on semiconductor manufacturing and artificial intelligence infrastructure.
The reported interest in a Wall Street listing aligns with Samsung’s broader strategy to secure funding for its aggressive capital expenditure program.
The company is currently evaluating a monumental investment strategy worth approximately 1,000 trillion won ($647.5 billion) over the next decade, with a heavy emphasis on semiconductor manufacturing and artificial intelligence infrastructure.
Access to deeper US capital markets could provide additional liquidity and diversification for financing these long-term projects.
This potential listing comes as Samsung continues to expand its physical footprint in the United States and globally.