During a meeting with Vietnam's Prime Minister, Samsung Electronics chairman Jay Y. Lee emphasized the importance of Vietnam's success to Samsung's success, committing to long-term investment in the country to establish it as its primary manufacturing base for display products. Samsung has been a major investor in Vietnam since 1989, expanding its manufacturing presence beyond China following U.S. tariffs on Chinese imports. Vietnam has become Samsung's largest foreign investor and exporter, producing around 60% of the 220 million phones Samsung sells globally each year. However, Vietnam's reliance on Samsung for manufacturing faces challenges amid negotiations with the Trump administration to lower potentially high tariffs, which could significantly impact Samsung's operations. Samsung and its suppliers are exploring options like adjusting production in India or South Korea to mitigate risks, should the higher tariffs take effect. The company has not provided detailed plans on how it will address the tariff threats but has indicated readiness to adapt its global supply chain and manufacturing footprint accordingly.