J.P. Morgan: Samsung is Likely to Follow SK Hynix in U.S. Listing via ADR

BlockBeats News, June 25th - Jeff Kim, Research Director at JFROTH, stated that Samsung is very likely to follow SK Hynix's example and list on the US market through American Depositary Receipts (ADRs), which will boost the valuation of the Korean chipmaker whose stock price has lagged behind Micron.

He mentioned, "Chip stocks are at a turning point. ADRs will be a key catalyst to boost their valuation."