Jefferies: Samsung Likely to Follow SK Hynix's Lead by Listing ADRs in the US

Odaily News, Jefferies' Head of Research, Jeff Kim, stated that Samsung is likely to emulate SK Hynix by listing on the US market through American Depositary Receipts (ADRs). This move is expected to boost the stock price of the South Korean chipmaker, which has trailed behind Micron in valuation. "Semiconductor stocks are at a turning point. ADRs will be a significant catalyst for their valuations," Kim said. (Jin Shi)