Corning to Expand Generation 8 LCD Glass Production

Date: 8 May 2006
Source: News2u.net

Date: 8 May 2006

Corning Incorporated (NYSE: GLW) announced on May 1 that its board of directors recently approved a capital expenditure plan of $174 million to further expand its Generation (Gen) 8 size liquid crystal display (LCD) glass substrates manufacturing capacity at its facility in Shizuoka, Japan.

The company had previously announced that it will ship samples of its Gen 8 size LCD glass (2160 mm x 2400 mm) from this facility in the second quarter. Corning expects to begin Gen 8 commercial shipments in the third quarter, with this new capacity continuing to come on line through late 2007.In addition, Corning announced that it recently signed a supply agreement making Corning the majority glass substrate supplier for Sharp Corporation's Gen 8 fab in Mie Prefecture, which is currently under construction and expected to open later this year.Sharp's new Gen 8 factory will be focused on LCD TVs that are 40 inches and larger. Corning's new investment will add Gen 8 glass capacity to meet Sharp's future supply requirements.

Read the entire news on the source link below.
600450 Corning to Expand Generation 8 LCD Glass Production glassonweb.com

See more news about:

Others also read

MORE...

Lincoln Glass Celebrates 50th Year
Owners of Lincoln Glass in Newport, Dan and Elayne Mason, celebrated their 50th anniversary in the business this year. Dan's parents, John and Grace Mason, established Lincoln Glass in 1956 and oversaw day-to-day operations for 20 years.
Potters Industries Inc. Announces Price Increase For Metal Finishing and Impact Glass Bead Products
Potters Industries Inc., an affiliate of PQ Corporation, announced today that, effective February 15, 2007, the price on all Metal Finishing Glass Bead and Ground Glass product shipments will increase up to 3 cents a pound.
Retail Architects Say Better-Looking Stores Mean Profits
Edward A. Shriver Jr., a Pittsburgh architect who works in retail store design, encourages architects and retail owners alike to "think outside the box," light years away from the designs that have dominated American retail architecture in recent decades.
Optical-Glass Firm Buys Camera Maker Pentax
Hoya Corp., Japan's largest optical glass maker, agreed to buy camera maker Pentax Corp. for 90.6 billion yen ($765 million) to add endoscopes and surgical scissors.
Mysterious Egyptian Glass Formed by Meteorite Strike, Study Says
Strange specimens of natural glass found in the Egyptian desert are products of a meteorite slamming into Earth between 100,000 and 200,000 years ago, scientists have concluded.
Business Of Glass Manufacturer Gecsat Down 16%
ZF.com reported that Tarnaveni (Romania)-based Gecsat, estimates an approximately 6.4 million-euro turnover for this year, a 16% drop against last year, when the company posted a 7.6 million-euro turnover.

Add new comment