Oh boy. So, Samsung, huh? Looks like they might be dropping some serious cash on U.S. soil soon — or so President Trump hinted when he was chatting about those trade deals, especially with South Korea.
Okay, imagine this: Trump’s been busy, like really busy, juggling trade talks with countries like India, Japan, and yup, South Korea. The plan? Get these big-shot foreign companies to pour money into the U.S. And, remember when Apple and TSMC went wild announcing their mega investments? Well, now Samsung’s apparently the latest kid on the block.
Right, according to The Korea Herald, Trump’s thinking he’ll ink something with Samsung soon. There’s this quote bouncing around — something about Samsung building massive facilities, all thanks to the magic of tariffs. ‘Cause if it weren’t for tariffs, maybe they’d just pack up and go build somewhere else.
It sounds like the huge deals are only rolling out for companies willing to throw down some serious investments stateside. Samsung’s touching down in places like Austin, Texas, with dreams of 10,000 jobs — big numbers, huh? They’ve got something cooking over in Taylor, Texas, aiming to be up and running by the end of 2027. And it’s not just any project; it’s all about next-gen tech, like 2nm nodes. NVIDIA might be itching for those.
Here’s a thing: Samsung’s thinking about shifting some of their appliance and TV production around. Maybe it’s the tariffs or just part of a bigger picture deal. So, who knows, once Trump’s got his ducks in a row with South Korea, maybe we’ll hear something new. Could be next week; who can keep track?