Samsung Cites US Investments After Trump Tweets Praise for Rumored US Factory
Samsung continues to evaluate “new investment needs in the U.S. that can help us best serve our customers,” a spokeswoman emailed us Thursday in response to questions on reports the company is exploring a bigger U.S. manufacturing presence for major…
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appliances. "The U.S. is an important market for Samsung Electronics and we have been making significant investments,” the spokeswoman said. She cited Samsung’s Austin semiconductor plant, where the company has invested $17 billion. An article in the English-language The Korea Herald Friday said Samsung officials in Seoul remained “confused” over a tweet by President Donald Trump praising the tech giant for considering a U.S. factory. After reports went viral on plans for the U.S.-based plant, Trump tweeted: “Thank you, @Samsung! We would love to have you!”