Jay Y. Lee, the vice chairman of Samsung, at the Samsung Austin Semiconductor. Since 1997, Samsung invested over $16 billion for their expansion and will add another $1 billion.
Samsung & LG also plan to build billion dollar U.S. plants for its home appliance business. Hyundai Motor plans to increase U.S. investment by 50% to $3.1 billion. These are the latest global Korean companies to consider a response to criticism about imports from new U.S. President Donald Trump.