Samsung Electronics Co announced investments worth US$1.9bil (RM8.16bil) in two US plants as South Korean President Moon Jae-in prepares for a summit with US President Donald Trump.
Samsung will spend US$1.5bil (RM6.44bil) on its semiconductor factory in Texas and build a US$380mil (RM1.63bil) plant in South Carolina for home appliances. Both investments will be carried out until 2020, according to statements from the company and South Korea’s chamber of commerce.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
