Samsung investing $380M in U.S. appliance factory

|About: Samsung Electronics Co., Ltd. (SSNLF)|By:, SA News Editor

Samsung Electronics (OTC:SSNNF, OTC:SSNLF) plans a $380M premium home appliance factory in South Carolina, which joins a call center already operating in the state.

The factory will create 954 jobs by 2020, Bloomberg reports.  

South Korean President Moon Jae-in will meet with President Trump on Thursday and Friday. Trump has called the free trade agreement between the countries a “horrible deal.”  

Previously: Samsung tops Intel in chip sales for first time (June 27)

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