Samsung Elec says TV business to be less affected by US tariffs due to Mexico output ...0

Still, Samsung, the world's top TV maker, will continue to watch the changing U.S. tariff policy, and depending on tariffs, it plans to allocate production accordingly across about 10 production bases around the world, said Yong Seok-woo, president of the visual display business at Samsung.

In contrast, China will be hit with a 34% U.S. tariff, on top of the 20% previously imposed earlier this year, bringing the total new levies to 54%.

Samsung faces increasing competition in the TV market from Chinese companies like TCL and Hisense .

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