Samsung explores Wall Street listing after SK Hynix’s New York debut, Bloomberg says

Initial talks have been held with banks, but no final decision has been made, according to the news agency's sources.

The sources say that South Korean SK Hynix's successful secondary listing of its shares in New York has been a source of inspiration.

Samsung does not want to comment on the information.

SK Hynix, one of Samsung's competitors in the memory chip market, raised $26.5 billion when its shares were listed in the US last week - a record for a foreign listing in New York.

Samsung's market capitalization has more than doubled this year, up 120 percent, giving it a market capitalization of just over $1 trillion.