‘Sam­sung plan­ning new US fa­cil­ity’

New Straits Times - - Business -

Sam­sung Elec­tron­ics Co Ltd is plan­ning to ex­pand its United States pro­duc­tion fa­cil­i­ties, shift­ing some man­u­fac­tur­ing from Mex­ico, the Wall Street Jour­nal re­ported on Wed­nes­day. It was in early talks to open a new home ap­pli­ance-mak­ing fa­cil­ity in the US, said spokesper­son on Wed­nes­day, adding that Sam­sung be­gan re­view­ing man­u­fac­tur­ing op­er­a­tions “early last fall”. Its ini­tial cap­i­tal in­vest­ment was ex­pected to be about US$300 mil­lion (RM1.34 bil­lion), the Jour­nal re­ported.

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