Samsung Needs $1 Billion for Further Investment

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Business is growing for the South Korean giant that following rosy forecast for 2012 is analyzing the possibility of extending the facilities of Austin, Texas and increase the production of processors in increasing demand in various technological fields.

According to Reuters, in fact, the investment of a billion dollars would be targeted for development of a modern OLED panel driven by the same chip that the mobile industry continues to demand increasing quantities. Samsung has, moreover, a good haul of about 19 ​​billion dollars in cash and is planning to invest a good part taking advantage of particular interest rates dictated by the economic crisis.

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