Samsung, LG may move some home-appliance manufacturing from Mexico to US, paper says

According to a South Korean newspaper, Samsung Electronics and LG Electronics are reportedly evaluating a shift in home appliance manufacturing from Mexico to the United States. The review comes as U.S. President Donald Trump considers imposing a 25% tariff on imports from Canada and Mexico starting February 1. The potential move would impact Samsung’s dryer production and LG’s refrigerator manufacturing, both of which currently operate in Mexico.

Samsung is exploring relocating dryer production to its South Carolina plant, while LG is considering shifting refrigerator production to its Tennessee facility, which already manufactures washing machines and dryers. Both companies emphasized their commitment to adapting to market conditions, with Samsung stating that it operates production bases globally and will respond flexibly. LG similarly noted it would adjust its production system based on market changes.

The potential shift highlights the growing impact of trade policies on global manufacturing strategies. If implemented, the move could increase U.S.-based production and jobs but may also affect costs and supply chains. Both companies will continue to monitor the situation closely before making final decisions.

Source: Reuters