South Korea’s electronics giants Samsung and LG are contemplating a strategic relocation of some of their manufacturing operations for home appliances from Mexico to the United States. This development comes on the heels of recent reports, according to Reuters, that both companies are seeking to mitigate potential impacts from possible 25% tariffs on imports from Canada and Mexico, as considered by U.S. President Donald Trump.
Samsung Electronics is evaluating the transfer of its dryer production from Mexico to its facilities in South Carolina. Concurrently, LG Electronics is assessing a similar move for its refrigerator manufacturing, potentially relocating it to their Tennessee plant, where washing machines and dryers are already produced.
This strategic move is underscored by IndexBox data, which highlights the shifting landscape of global manufacturing and trade, emphasizing the importance of agility and adaptability in production systems in response to geopolitical factors.
Both companies have expressed intentions to remain responsive to market changes, with Samsung indicating its plan to monitor developments closely and adjust international operations accordingly. Similarly, LG Electronics aims to adapt its production systems and locations in response to evolving market demands and regulatory conditions.