Asahi Glass Increases Production of TFT-LCD Glass Substrates

Asahi Glass Co., Ltd. has decided to increase its production capacity of large-sized glass for glass substrates used in TFT-LCD (Thin Film Transistor Liquid Crystal Display) panels.

The Company will construct a new glass furnace in Taiwan and a polishing line at its Kansai Factory for large-sized TFT-LCD glass substrates.

Total funds to be invested into the project are estimated at 18 billion yen. The construction will commence in July/August 2003, with commercial production scheduled to start at the new furnace in September 2004 and at the new polishing line in January 2004.

After the completion of the new furnace, the total production capacity of the Company will be 14 million square meters par annum, when five furnaces, including three at the Keihin Factory and one under construction at the Kansai Factory, will be operating at full capacity.

Demand for TFT-LCD is projected to increase at a rate of more than 25% per annum. In addition to the demand for PC monitors, demand for TVs and large screen TVs is expected to grow significantly.

There are fears of possible shortage of TFT-LCD glass substrates, especially in larger glass substrates, since TFT panel manufacturers have started introducing fifth-generation size glass substrates with a surface of one square meter or larger.

Asahi Glass incorporates the float process in manufacturing TFT-LCD glass substrates, which is suited for the mass production of larger glass substrates. Its TFT-LCD glass substrates are less prone to warpage and do not shrink much during the heat treatment in the manufacturing process. Furthermore, this process uses no arsenic or antimony which is highly valued by TFT-LCD panel manufacturers as "environmentally-friendly glass."

600450 Asahi Glass Increases Production of TFT-LCD Glass Substrates

See more news about:

Others also read

Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.
Praxair, Inc. (NYSE: PX) today announced that its subsidiary Praxair Canada Inc.'s specialty gases plant in Paris, Ontario, Canada, is one of Praxair's first specialty gases plants in North America to complete the upgrade to ISO 9001:2000, the latest ISO 9000 standard for quality.
KUB Malaysia Bhd has accepted an offer from Nippon Sheet Glass Co Ltd (NSG) to acquire its 15% stake in Malaysian Sheet Glass Bhd (MSG) for RM32.6 million in cash, or RM2.68 per share.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.

Add new comment