Samsung is preparing to relocate some of its production sites using its global manufacturing bases. This will allow the company to mitigate the impact of the reciprocal tariffs imposed by the US government. But it looks like Samsung has a big plan beyond relocating its production sites. US President Donald Trump recently said that he heard South Korean conglomerate Samsung plans to build massive facilities in the US due to tariffs, according to a report by The Korea Herald.
Samsung may build production facilities in the US to mitigate the impact of tariffs
On Tuesday, President Trump marked the 100th day of his second term. While talking about what he has achieved in his first 100 days in office during the meeting at the White House, he said, “I heard Samsung is now, because of tariffs, they are going to build massive facilities in the United States. If we didn’t do the tariffs, they wouldn’t be doing that.”
As of now, Samsung has not officially confirmed the construction of any new production facility in the US. However, during its recent Q1 earnings call, the firm said it is considering relocating production of some of its TVs and home appliances to minimize the impact of reciprocal tariffs.
It’s unclear whether Trump was referring to that statement, but during a separate event with business leaders planning to invest in the US, Trump said, “Even Samsung whose name isn’t mentioned here, but I heard that they announced this morning that they’re going to be building a very big plant because they want to be able to beat the tariffs.”
We know that Samsung is building new semiconductor facilities in Taylor, Texas, which will be one of the major hubs for producing advanced chips in the US. The company plans to construct two factories at its Taylor site, investing over $37 billion. It aims to start mass production of chips at one of the factories in 2026. It’s unclear if Samsung will also build a smartphone plant in the US.