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Samsung invests US$1.9bil in US ahead of Trump-Moon summit


  • Tech News
  • Thursday, 29 Jun 2017

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. — AFP

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. — AFP

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. 

   

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