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Leading US glass manufacturer Corning Incorporated is considering investing in the Chinese mainland to produce special glass substrates used in the production of liquid crystal displays (LCD).
Japan-based Asahi Glass, the worlds second largest TFT LCD glass substrate supplier, announced last week that its fifth-generation (5G) glass substrate plant at the Yunlin Base of the Central Taiwan Science Park (CTSP) has begun operation.
Nippon Electric Glass Co. Ltd. of Japan plans to invest over NT$10 billion (US$323.62 million at US$1: NT$33.8) to set up a glass furnace in central Taiwan, according to industry sources.
The Changhua Coastal Industrial Park (CCIP), one of the industrial parks in central Taiwan, is actively promoting its newly established special zone for glass processing, which is the first of its kind in Taiwan.
Demand for glass helped Corning make a profit in its second quarter but it warned it was running out of glass and would have to build another glass factory.The firm made net profits of $108 million on turnover of $971 million.
Samsung Electronics Co., Ltd., the world's largest provider of TFT-LCD display panels, announced to the U.S. market today the glass substrate for its new 7th generation TFT-LCD line located in Tangjung, Asan, Korea.
Corning Inc., the world's largest maker of fiber-optic cable, said on Tuesday it will expand a liquid crystal display glass plant in Taiwan because of growing demand from the computer and television industries.
Nippon Sheet Glass Co . (J.NSG or 5202) Friday revised down its profit forecast for the year ended March 31 due to slimmer profits on its information technology products and poor earnings at subsidiaries.
TTF Aerospace, LLC has teamed up with InspecTech Aero Service, Inc. of Fort Lauderdale, FL to install bullet-resistant, anti forced-entry SPD windows into new, TTF-designed armored cockpit doors.