[Conference Call] Samsung Electronics: "Uncertainty Over Tariff Changes... Considering Relocation of Production if Necessary"
During its Q1 2025 earnings conference call held on the morning of April 30, Samsung Electronics responded to a question regarding the impact of U.S. tariff policies by stating, "Due to the recent rapid changes in tariff policies and geopolitical conflicts among major countries, it is difficult to accurately predict the impact on our business and establish countermeasures. We are closely monitoring the direction of trade policies in key countries and maintaining close communication with the relevant countries in order to minimize any negative impact."
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The company added, "For the Visual Display (VD) and Digital Appliances (DA) businesses, we plan to expand our premium product lineup and, if necessary, consider relocating production of certain volumes by utilizing our global manufacturing bases to minimize the impact of tariffs. As for the Device Solutions (DS) division, we will closely monitor the direction of U.S. semiconductor tariff policies and continuously review countermeasures based on various scenarios."
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