17.01.2012 02:35 Uhr, Quelle: Engadget

Samsung looks to borrow $1 billion to expand production capacity in Austin, Texas

When you're producing chips for the iPad and iPhone, you need a serious facility to meet those demands. And evidently, Samsung's not foreseeing its legal battles with Apple to cause any wrinkles in said plans. In fact, Bloomberg is reporting that Sammy has "sent requests for proposals to banks to borrow as much as $1 billion to expand production capacity at its factory in Austin, Texas," with the bonds to be issued by Samsung's US unit. It's bruited that the company -- which has around $19.2 billion in cash -- may sell its first overseas bonds since 1997 due to the impo

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