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President Trump’s “Thank you” tweet may force Samsung to invest in the US

4 February, 2017 Samsung


When it comes to news on the internet, they are often based on rumors, leaks and sometimes even pure speculation. According to such an unconfirmed report by Reuters, Samsung could be considering the idea of building a manufacturing unit in the United States. The plant would be used to manufacture home appliances for the local market. Experts have cited the idea as a result of the new US President's plans to impose heavy import taxes on all products manufactured outside the country. Although Samsung has not confirmed the news, the President has already thanked Samsung for their decision on Twitter!


The tweet read, "Thank you, @Samsung! We would love to have you!"



According to The Investor, an unnamed Samsung official has expressed that the tweet puts a lot of unwarranted pressure on the company. Firstly, it gives the public an impression that the decision has already been made by Samsung. Secondly, it could be viewed as an indirect way of forcing the Korean company into building a manufacturing plant over here in the US.


It remains to be seen if Samsung really does invest more into building manufacturing plants in the US, especially since its recent semiconductor business in Texas has just received a $17 billion investment.


Saikat Kar (tech-enthusiast)

 


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