Asahi Glass Co said Monday it will start manufacturing and marketing glass substrates for thin film transistor liquid crystal displays in Gumi, South Korea, by establishing a new subsidiary by the end of May to meet the projected rise in local demand.
Asahi Glass, Japan's biggest glass maker, said it will invest approximately 9 billion yen to set up a polishing line to start commercial production of LCD glass substrates in July 2005.Construction of the line is scheduled to start in August.