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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.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Tesla’s European sales have plunged for an eighth straight month, with sharp declines in France, Denmark and Sweden highlighting growing competition, consumer backlash against Elon Musk, and the company’s ageing product line.
YouTube TV and Fox have reached a distribution agreement that will keep Fox News, Fox Sports and other Fox channels available to subscribers, the companies confirmed on Thursday.
The S&P 500 and Dow Jones Industrial Average closed at record highs on Thursday (28 August), after Nvidia’s quarterly report fell short of investors’ lofty expectations but confirmed that demand for artificial intelligence (AI) infrastructure remains strong.
Malaysia Prime Minister Anwar Ibrahim said he intends to convene a summit of the Regional Comprehensive Economic Partnership in October, local media reported on Wednesday.
The Organisation for Economic Co-operation and Development (OECD) reported on Tuesday that G20 countries’ international goods trade rose slightly in the second quarter of 2025, mainly because imports into the United States fell sharply after rising in the first quarter.
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