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South Korean technology giant Samsung Electronics (005930.KS) said on Tuesday that it will consider whether to transition to a holding company structure, has long been expected outside the company will take this initiative as the Lee family heir next succession.

The world's top maker of smartphones, storage chips and TVs said the company is "absolutely neutral" about whether to push forward with structural changes that could be said to be an unprecedented reform of South Korea's largest integrated corporate fist.

Samsung Electronics has said that it has hired a consultant to help develop the plan. Analysts and investors have long believed that this is a logical move that will help the Lee family achieve solid control over its vast business empire.

"The assessment does not mean that management or the board has an intention," the company said in a statement and said the assessment process takes at least six months.

Rights-investor hedge fund Elliott Management proposed in October Samsung Electronics split into a holding company and an operating company to increase shareholder returns.

Investors have said that Samsung's ownership structure is complex, poor corporate governance and cash management inefficient, the company's share price is far lower than the global peers.

Samsung Electronics did not directly mention Elliott Management's proposal on Tuesday, but has said it would carefully consider and reply at the end of November.

Investors and analysts have long believed that this split will enable the founding father of Lee's successor to strengthen control of the Samsung Group.

Samsung Electronics executives did not comment on the possible structure of the transaction, but investors believe that the Lee family and Samsung Group subsidiaries will operate the company's shares in exchange for holding company shares, thereby strengthening its control.

Investors said that Samsung will return more capital to shareholders. A move that will boost revenue for Samsung Group companies and Lee's family heirs. If the 74-year-old chairman of Samsung Group Lee died, Lee's family heir will pay billions of dollars in estate taxes. Lee since May 2014, heart disease has been hospitalized.

"I do not think Samsung's announcement is surprising, or that investors are expecting it," said Park Jung-hoon, fund manager at HDC Asset Management.

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