Overview

• President Trump stated that Samsung plans to build 'massive' U.S. facilities in response to his tariff policies, though no official confirmation has been made by the company.
• Samsung clarified it has not announced any new U.S. manufacturing plant but is considering relocating some TV and appliance production to reduce tariff impacts.
• Samsung's CFO, Park Soon-cheol, emphasized the company is exploring global production adjustments and expanding premium product offerings to navigate trade challenges.
• Observers suggest Trump may have misinterpreted or framed Samsung's strategic considerations to align with his policy narrative.
• Samsung currently operates a washing machine plant in South Carolina and manufacturing facilities in Mexico, while completing a semiconductor packaging site in Texas.