Samsung to Invest $500 Million Dollars in Queretaro and Tijuana

Samsung will invest $500 million in Mexico to expand the production of household appliances in Querétaro and Tijuana.
The Foreign Minister, Marcelo Ebrard, confirmed the investment during his tour in Asia, highlighting Samsung's reliability and productivity as a partner for Mexico.

Samsung will expand its production of home appliances in Mexico. Photo: BigStock.

07/06/2022

Samsung will invest $500 million in Mexico to increase the production of household appliances in its plants in Querétaro and Tijuana. The investment was confirmed by the Foreign Minister, Marcelo Ebrard, during his tour in Asia, where he met with the South Korean electronics company.

Ebrard stated that the agreement was reached during a meeting with Samsung Electronics CEO, Han Jong-Hee. He also emphasized that Samsung has been a reliable and productive partner for Mexico since its arrival in the late 1980s.

The Foreign Ministry's tour in Seoul includes a delegation of Mexican entrepreneurs, primarily startups in the innovation and technology sector.

Read the full article (in Spanish).

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