SEOUL (Reuters) – South Korea’s Samsung Electronics and LG Electronics are fascinated about relocating some manufacturing of residence units from their Mexican vegetation to their united state vegetation, a South Korean paper reported on Tuesday.
The analysis comes as united state President Donald Trump acknowledged he was fascinated about imposing 25% obligations on imports from Canada and Mexico onFeb 1.
Samsung Electronics is considering relocating the manufacturing of garments dryers from its plant in Mexico to its plant in South Carolina, Korea Economic Daily reported, mentioning unrevealed sector assets.
LG Electronics is moreover fascinated about relocating the manufacturing of fridges from Mexico to its manufacturing facility in Tennessee, that makes cleansing system and garments dryers, the paper acknowledged.
Samsung acknowledged it prepares to regulate the circumstance and react flexibly, because it runs manufacturing bases in a number of areas of the globe. LG Electronics acknowledged it prepares to answer to changes within the market by readjusting the manufacturing system and manufacturing web sites.
(Reporting by Joyce Lee and Hyunjoo Jin; Editing by Bernadette Baum)
