Samsung And Trump: Company May Build Plant In U.S., President Says 'We Would Love To Have You'
Samsung might open up a plant in the U.S. for its home appliances business after President Donald Trump’s criticism on imports, according to Reuters.
The news comes after Trump previously threatened to implement an import tax on corporations for manufacturing abroad for U.S. customers.
The amount of money Samsung is willing to invest and where the plant will be built has not been decided yet, a source told Reuters.
The South Korean company declined to comment about the plant, but said it has made significant investments in the U.S., including the $17 billion spent to date for its Texas chip plant.
"We continue to evaluate new investment needs in the U.S. that can help us best serve our customers," the company said in an email.
Rumors of Samsung’s base plan in the U.S. comes after LG announced last month it was considering building a plant in the United States for new home appliances and TVs, possibly in Tennessee.
Trump and Samsung
The company might be looking for a way to get on Trump’s good side, after he harshly criticized Apple, Samsung’s rival, throughout his presidential campaign for taking U.S. jobs overseas.
After the report on the possible plant was released Thursday, Trump tweeted, “Thank you, @samsung! We would love to have you!”
This isn’t the first time Trump tweeted about the Korean company. Last year, during the dispute between Apple and the FBI over the device belonging to one of the San Bernardino shooters, Trump called on Americans to boycott Apple in a series of tweets.
"I use both iPhone & Samsung. If Apple doesn't give info to authorities on the terrorists I'll only be using Samsung until they give info," Trump said in a series of tweets against Samsung’s rival.
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