SEOUL
Tech giant Samsung Electronics has officially denied claims that it plans to list its shares in the United States. Recent reports suggested the company was holding early discussions with banks regarding a potential American Depositary Receipt (ADR) offering. However, a company spokesperson firmly stated that Samsung is not considering such a move. Speculation grew after its rival, SK Hynix, recently completed a massive $26.5 billion U.S. listing. Despite this market activity, Samsung maintains it has no current plans for a U.S. offering, putting the rumors to rest and clarifying its long-term financial strategy.