Asahi Glass to Enter into Business of Glass Substrates for Hard Disks

Date: 17 June 2005
Source: japancorp.net

Date: 17 June 2005

Asahi Glass announced on June 15 that it has decided to enter into the business of manufacturing and selling glass substrates for hard disks.The company will use high-strain point glass that enables the processing of glass substrates at higher temperature than ever before.

With its own proprietary technology to harden glass, the company can produce glass substrates with high thermal resistance.

Asahi Glass will launch production at Asahi Glass Precision Technology, a wholly owned Thai subsidiary, in October. Plans call for investing 2 billion yen ($18 mil) in production. The company aims for hard disk glass substrate sales of 10.0 billion yen ($92 mil) in 2007.
600450 Asahi Glass to Enter into Business of Glass Substrates for Hard Disks glassonweb.com

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