Business won’t rest even the World is facing economic crisis especially in Europe. In the case of Samsung, the company is looking to invest 1 billion on developing OLED panel to fulfill the need of mobile phone industry. It is quite obvious to say that Samsung is one of the most favorite mobile phone parts suppliers thanks to the high quality.
To gain more money, Samsung has planned to sell $1 billion in bonds to overseas making it to be the biggest of in the decade in the record of the company. However Samsung still has about S19 billion in cash in hand already but this money is mainly used to support internal operation.
[Reuters]
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