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According to Bloter, Samsung Electronics has started internal research on the plan to issue ADRs in the United States and evaluate the operational process. Bloomberg reported on July 14th that Samsung Electronics has held preliminary discussions with multiple investment banks regarding listing in the United States through ADR. Samsung Electronics responded that it has not considered listing in the US market through ADR issuance. On July 15th, semiconductor industry sources revealed that Samsung Electronics' management has requested relevant departments to study a feasible framework for issuing ADRs. Samsung Electronics' personnel have inquired about the situation with SK Hynix, which has recently completed ADR issuance and listed on NASDAQ.