+ Reply
Results 1 to 12 of 12

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: Samsung Looks for $1 Billion Bond to Expand U.S. Processor Plant

is a discussion within the

iPad News

forums, a part of the

General iPad

section;
...
  1. #1
    MMi Staff Writer Akshay Masand's Avatar
    Join Date
    Sep 2011
    Location
    New York City
    Posts
    3,135
    Thanks
    3
    Thanked 103 Times in 89 Posts

    Default Samsung Looks for $1 Billion Bond to Expand U.S. Processor Plant


    The South Korean electronics manufacturer recently revealed that it will issue its first overseers bond since 1997 to fund an expansion at its Austin plant, which produces processors used in mobile devices including those used in Apple’s iOS devices. According to Businessweek, Samsung spokesman James Chung noted that the company has filed proposals to multiple banks to borrow up to $1 billion in five-year maturity bonds issued by the company’s U.S. branch.

    It is being said that the company’s logic-chip business which currently oversees the production of Apple’s A4 an dA5 processors may double spending to 8 trillion won (roughly $6.95 billion) in 2012. It’s unclear whether the boost in manufacturing capability is for the company’s own mobile devices or to handle demand for an announced chip that will be powering the next generation iPad.

    Samsung’s Austin plant reached a maximum capacity in October 2011 when smartphone shipments saw a year-to-year increase of 44% according to Strategy Analytics Inc. The company’s handsets are direct competitors with Apple’s iPhone business and posted record earnings earlier this month with profits hitting $4.5 billion in the December quarter riding on an estimated 32 million smartphone sales. As of September 30, 2011, Samsung had over $19.2 billion in cash and equivalents according to Bloomberg. Estimates are now saying the company’s operating profit which doubled in 2011 is most likely to grow 82% in 2012. Furthermore, the two have been tangled in a worldwide patent dispute since April 2011.

    Nonetheless, it isn’t a surprise that one of Apple’s manufacturers would be looking to expand further as Apple continues to grow. Are you surprised? Share any thoughts and opinions below!

    Source: Businessweek

    Twitter: @AkshayMasand

  2. #2
    iPhone? More like MyPhone Agent929's Avatar
    Join Date
    Oct 2011
    Location
    USA
    Posts
    271
    Thanks
    2
    Thanked 2 Times in 2 Posts

    Demand is high...I can't blame them
    War is my mission. Killing is my ambition.

  3. #3
    iPhoneaholic Norb's Avatar
    Join Date
    Jan 2011
    Location
    Mountain View, California
    Posts
    401
    Thanks
    21
    Thanked 51 Times in 31 Posts

    Oh Samsung, borrowing more money to try to pretend you have a lot of money just like Apple... When are you gonna stop trying to copy Apple?

  4. #4
    iPhone? More like MyPhone Alluziion's Avatar
    Join Date
    Aug 2010
    Location
    Wales, UK.
    Posts
    113
    Thanks
    0
    Thanked 6 Times in 5 Posts

    Quote Originally Posted by Norb View Post
    Oh Samsung, borrowing more money to try to pretend you have a lot of money just like Apple... When are you gonna stop trying to copy Apple?
    Such a narrow-minded statement...

  5. #5
    Green Apple Cheesey123's Avatar
    Join Date
    Jan 2011
    Posts
    95
    Thanks
    4
    Thanked 6 Times in 5 Posts

    If rumors are right and apple are looking at putting a different chip in future idevices this seems a bit of a risk for samsung,let's just hope the childish goings on between the 2 can be sorted and peace restored.

  6. #6
    iPhone? More like MyPhone Painkiller006's Avatar
    Join Date
    Apr 2011
    Location
    B7R
    Posts
    203
    Thanks
    15
    Thanked 10 Times in 10 Posts

    Quote Originally Posted by Cheesey123 View Post
    If rumors are right and apple are looking at putting a different chip in future idevices this seems a bit of a risk for samsung,let's just hope the childish goings on between the 2 can be sorted and peace restored.
    Not really since it will also boost Samsung ability to produce their OLED, not just the chips

  7. #7
    Green Apple Cheesey123's Avatar
    Join Date
    Jan 2011
    Posts
    95
    Thanks
    4
    Thanked 6 Times in 5 Posts

    [QUOTE=Painkiller006;6370199]Not really since it will also boost Samsung ability to produce their OLED, not just the chips

    That would make more sense,from how the article read (to me anyway)it was just expanding to be able to produce a higher volume of chips.

  8. #8
    Banned
    Join Date
    Aug 2009
    Location
    Bklyn NY !!
    Posts
    913
    Thanks
    60
    Thanked 62 Times in 51 Posts

    Quote Originally Posted by Norb View Post
    Oh Samsung, borrowing more money to try to pretend you have a lot of money just like Apple... When are you gonna stop trying to copy Apple?
    typical under-aged 12 response.

  9. #9
    What's Jailbreak?
    Join Date
    Jan 2012
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Do new work

    Do not copy apple

  10. #10
    iPhoneaholic Norb's Avatar
    Join Date
    Jan 2011
    Location
    Mountain View, California
    Posts
    401
    Thanks
    21
    Thanked 51 Times in 31 Posts

    Quote Originally Posted by Alluziion View Post
    Such a narrow-minded statement...
    I know it's almost so ridiculous that it could be a joke.

  11. #11
    iPhone? More like MyPhone Painkiller006's Avatar
    Join Date
    Apr 2011
    Location
    B7R
    Posts
    203
    Thanks
    15
    Thanked 10 Times in 10 Posts

    Quote Originally Posted by Cheesey123 View Post
    That would make more sense,from how the article read (to me anyway)it was just expanding to be able to produce a higher volume of chips.
    Yup, i read it the same way but i had come across this somewhere else
    Last edited by Painkiller006; 01-17-2012 at 04:59 PM.

  12. #12
    MMi Staff Writer Anthony Bouchard's Avatar
    Join Date
    Sep 2011
    Location
    Florida
    Posts
    6,002
    Thanks
    168
    Thanked 864 Times in 630 Posts

    Quote Originally Posted by Painkiller006 View Post
    It was written by Anthony, one of mmi hardcore fanboy. It reads like Samsung it's only expanding for Apple and it's chips but that's not the only reason.
    This article wasn't written by me. So, lol. You must be a Samsung fanboy. Welcome!
    Last edited by Anthony Bouchard; 01-17-2012 at 04:33 PM.

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts