Samsung Elec's Lee says SoftBank's Son expected to visit Seoul when asked about Arm-media

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Son may “make a proposal,” South Korean wire service News1 reported citing Lee, without elaborating.

Lee said this in answer to a press question about whether he met Arm executives during his recent visit to Britain, according to News1.

South Korean media have speculated Samsung (KS:005930) may participate in a potential joint acquisition of a stake in Arm.

Samsung did not have an immediate comment on Wednesday.

British Prime Minister Liz Truss’ government will push for high-level talks with SoftBank Group Corp to persuade it to list British chip designer Arm Ltd in London, the Financial Times reported last week.