Samsung, LG Evaluate Manufacturing Relocation Amid US Tariffs

URLhttps://mexicobusiness.news/tech/news/samsung-lg-e
Sourcemexicobusiness.news
Date Published01/21/2025

Additional Reshoring Information:

Company/Division name Pending Tariffs- Samsung
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2025
Domestically, the work will be done:In-house
Country(ies) from which reshored:Korea, South
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoreddryers
What non-domestic negative factors made offshoring less attractive?Tariffs
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