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Part of the Samsung production will move from Mexico to the United States

The South Korean company will invest in the American economy 300 million dollars.

09.Mar.17 9:26 PM
By Shawn Highstraw
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Part of the Samsung production will move from Mexico to the United States
Samsung plans to expand production in the United States. About the company's plans, reports The Wall Street Journal, citing informed sources.

According to the publication, the South Korean concern intends to create in US capacity for the production of household appliances. While the place for the location of production is not selected, however, the company representatives are already discussing this issue with several States.

Experts estimate that the investment by Samsung in the American economy could reach at least $ 300 million. The opening production will bring US new jobs: at the moment we can speak about the employment of five hundred citizens, this figure will rise. Moreover, the South Korean giant expects to move some already operating in Mexico, production in the United States.

Previously, we reported that Samsung will produce OLED screens for the new iPhone models.

Turkey's energy Minister told about the expectations from the trip to Moscow.

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