Corning's investment will be incurred over a five-year period, with an initial capital expenditure of $400 million in 2008.Glass substrate production from the new facility is expected to meet Sharp's plan to begin mass production of LCD panels for large televisions at its new fab by March 2010.
This investment will enable Corning to be the first manufacturer of TFT-grade Gen 10 substrates and the primary supplier of Sharp's Gen 10 glass needs. At 2850 mm x 3050 mm, Gen 10 will be the largest LCD glass substrate
available. The Gen 10 substrates manufactured at this facility will use Corning's revolutionary EAGLE XG(TM) glass composition. As the first LCD glass to contain no added heavy metals or halides, EAGLE XG is the most
environmentally friendly LCD glass on the market.