Asahi Glass to build Taiwan plant, mum on further plans

TOKYO, July 18 (Reuters) - Japan's Asahi Glass plans to start building a fifth LCD glass-making factory in Taiwan next month to meet growing demand for TV panels and PC monitors, but it was mum on any further expansion plans.

Asahi Glass, which is playing catch-up with Corning Incwhile fending off home rival Nippon Electric Glass, said on Friday it would invest roughly 20 billion yen ($188 million) in the plant, expected to be completed next year.

Taiwan media reported the previous day that Asahi Glass had long-term plans to build an additional five plants and double capacity, but spokesman Yoshihiko Saito said the report was speculation and nothing was decided, and declined further comment.

Expansion at Japan's biggest glass maker comes as client liquid crystal display makers brace themselves for an escalating price war.

Click on the link bellow to read the entire article.

600450 Asahi Glass to build Taiwan plant, mum on further plans
Date: 22 July 2008
Source: Reuters

See more news about:

See more from these topics:

Others also read

Nippon Sheet Glass Co., Ltd. will install a new high-performance press bending line at the Maizuru plant (Kyoto, Japan) for automotive windshields, applying its proprietary technologies.
Stronger Dragontrail™ Pro glass facilitates evolution of advanced smartphone and tablet designs
NSG Vietnam Glass Industries, a NSG Group company based in southern Vietnam, was awarded with 2016 Outstanding Quality Award by First Solar for VGI’s continuous quality improvement efforts and enduring commitment to First Solar’s Supplier Quality Continuous Improvement (SQCI) process.
Nippon Sheet Glass Co., Ltd. (NSG) is developing a new range of UV-cut automotive glass products called UV Protect 400™.  UV Protect 400™ blocks 99% (*1) of UV rays (300nm-400nm), which includes the longer wavelength UVA (315nm-400nm) that can cause damage to deeper layers of the skin.
AGC Japan launches its Sudare powered-by-Solaria product with first commercial installation complete and a pipeline of projects in development.
Nekotech Industy will provide the licensed production for explosive resistance glasses Hercules V. This glass has one of the highest quality of explosive resistance glasses in Japan. Laminated anti bomb blast glass such like Hercules V is difficult to produce.

Add new comment