Samsung says its TV business will be less affected by new U.S. tariffs, as most North American units are made in Mexico—shielded from recent trade levies. The company plans to adapt global output to navigate ongoing tariff shifts.
Samsung Electronics has announced that its television business is likely to be less impacted by newly imposed U.S. tariffs, thanks to its strategic production in Mexico. According to Yong Seok-woo, President of Samsung’s Visual Display Business, the majority of Samsung TVs sold in North America are manufactured in Mexico, which has largely avoided the latest 10% global baseline tariff and additional reciprocal duties introduced by the U.S. administration.
While competitors such as TCL and Hisense face steep levies due to Chinese-based manufacturing, now totalling up to 54%, Samsung’s diversified production network of around 10 global facilities provides a significant buffer against shifting trade policies. The South Korean tech giant plans to adjust output distribution based on future tariff developments.
Despite this relative insulation in its TV division, Samsung remains cautious about the broader impact of tariffs on other core segments such as memory chips and smartphones, which could see demand contraction. On Monday, Samsung shares fell by 4.3% amidst market jitters driven by tariff concerns.
With growing pressure from Chinese rivals and a volatile trade landscape, Samsung's global production agility could be key in maintaining its leadership in the electronics market.
Uzbekistan and the Green Climate Fund are strengthening ties after talks in Tashkent, as both sides discussed joint climate projects and the Fund’s plan to establish a regional presence, though its location remains undecided.
China and Japan have reached a key agreement to restart seafood trade, marking a potential end to a nearly two-year import ban imposed after the release of treated wastewater from Japan’s Fukushima nuclear plant.
Japan has pledged over $1 billion in aid to Bangladesh for economic reforms, infrastructure, and education, as interim leader Muhammad Yunus visits Tokyo to deepen bilateral ties.
Ford Motor Company is recalling more than 1 million vehicles across multiple models due to a software glitch that could cause the rearview camera to malfunction, increasing the risk of an accident.
At least 21 people, including children, have died in floods triggered by heavy rains in Nigeria’s Niger state, officials said.
China and Japan have reached a key agreement to restart seafood trade, marking a potential end to a nearly two-year import ban imposed after the release of treated wastewater from Japan’s Fukushima nuclear plant.
Japan has pledged over $1 billion in aid to Bangladesh for economic reforms, infrastructure, and education, as interim leader Muhammad Yunus visits Tokyo to deepen bilateral ties.
Ford Motor Company is recalling more than 1 million vehicles across multiple models due to a software glitch that could cause the rearview camera to malfunction, increasing the risk of an accident.
A US ceasefire plan proposes a 60-day truce and phased hostage exchange. Hamas is reviewing the deal.
The U.S. urges Russia to accept a ceasefire and supports direct talks set for next week in Istanbul.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
Ford Motor Company is recalling more than 1 million vehicles across multiple models due to a software glitch that could cause the rearview camera to malfunction, increasing the risk of an accident.
Azerbaijan's SOCAR, Kazakhstan's KazMunayGas, Uzbekistan's Uzbekneftegaz, and Russia's Tatneft have signed a landmark agreement to cooperate on decarbonization and sustainable development initiatives.
Tengizchevroil, a leading company in Kazakhstan, has officially announced the appointment of William Lacobie as its new General Director. He will assume the role on June 10, 2025.
China’s development centered on digital resources is gaining momentum under a new three-year plan aimed at boosting information use to support economic and social growth.
The European Commission is likely to give Bulgaria the green light on June 4 to adopt the euro currency from the start of 2026, several euro zone officials said, making Bulgaria the 21st country to join the single currency area.
China and Japan have reached a key agreement to restart seafood trade, marking a potential end to a nearly two-year import ban imposed after the release of treated wastewater from Japan’s Fukushima nuclear plant.
Japan has pledged over $1 billion in aid to Bangladesh for economic reforms, infrastructure, and education, as interim leader Muhammad Yunus visits Tokyo to deepen bilateral ties.
Ford Motor Company is recalling more than 1 million vehicles across multiple models due to a software glitch that could cause the rearview camera to malfunction, increasing the risk of an accident.
A US ceasefire plan proposes a 60-day truce and phased hostage exchange. Hamas is reviewing the deal.
The U.S. urges Russia to accept a ceasefire and supports direct talks set for next week in Istanbul.
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