Electronics giant Samsung is planning a call to update investors on its “strategic” plans for the future amid a push from U.S. hedge fund Elliot Management to split the company in two.

In a note on its investor relations page, Samsung said it will hold a “strategic update” conference call on Nov. 29 at 9:30 a.m. Korean standard time.

Though Samsung did not provide details about what the call would include, the Seoul Economic Daily reported the company plans to publicly announce is it considering taking Elliot’s advice. Elliot Management owns 0.6 percent of Samsung. 

Elliot head Paul Elliot Singer first began calling for Samsung to separate into two entities back in October on the heels of the company’s disastrous Galaxy Note 7 launch and recall. That incident is expected to cost the company more than $6 billion, and has led shareholders to voice their unease.

According to Bloomberg, Elliot’s plan would involve splitting Samsung Electronics into an operating company and a holding company, paying shareholders a special dividend, listing its shares on the U.S. Stock exchange, and adding three independent members to its board.

So far, Bloomberg reported the scheme has garnered public support from other investors including Artisan Partners, which holds more than 1 million Samsung Electronics shares, and long-time Samsung investor Aberdeen Asset Management Asia.