South Korea's Samsung Electronics and LG Electronics are considering moving some manufacturing of home appliances from their Mexican plants to their U.S. plants, a South Korean newspaper reported on Tuesday.
A major appliance maker is considering moving some of its operations from a Mexico facility to the U.S. after President Donald Trump considers 25% duties on imports.
The Consumer Electronics Show (CES) 2025 in Las Vegas, US has concluded, revealing distinct strategic paths taken by South Korean tech giants Samsung Electronics (Samsung) and LG Electronics (LG). While both companies leveraged generative AI (GenAI) to enhance their competitive positions,
The South Korean consumer-electronics giant returned to a net loss in the fourth quarter after three consecutive profitable quarters, as weak demand and higher logistics costs weighed on its earnings.
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The South Korean electronics giant is focusing on humanoid robot development, utilizing its AI agent Q9 technologies for the project.
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Samsung and LG, two major South Korean electronics giants have manufacturing plants in Mexico that cater to sales in South America as well as the US. These factories have been operating under a zero tariff regime.
Korean firms like Samsung and LG are considering relocating manufacturing from Mexico to the U.S. due to proposed tariffs.
MangoBoost announced on the 22nd that it has appointed Park Chan-ik, former Vice President of Samsung Electronics' Device Solutions Division for the Americas, as Chief Commercial Officer (CCO).
Canon filed a total of 2,329 US patents in 2024, ranking the company ninth in the number of patents registered in the United States Patent and Trademark Office (USPTO), meaning that the company was placed in the top 10 for 41 consecutive years, according to data from US-based patent research firm IFI CLAIMS Patent Services.