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Samsung to invest $500 million in Mexico, foreign minister says

Tan KW
Publish date: Tue, 05 Jul 2022, 11:35 AM
Tan KW
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Future Tech

Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the country, Mexican Foreign Minister Marcelo Ebrard said on Monday.

On Twitter, Ebrard said the investment will be in the northern border city of Tijuana and Queretaro in central Mexico. He said he had met with the company's Chief Executive, Han Jong-Hee.

 

 - Reuters

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