Corning Taichung facility gets OK to ship LCD glass substrates

Date: 21 December 2005
Source: Digitimes.com

Date: 21 December 2005

Corning announced that it has received the necessary government certificates to begin shipping LCD glass substrates from its Taichung manufacturing facility.The company has been collaborating with customers for several months in preparation for supplying substrates from the new Taichung plant.

This announcement is in line with previous announcements that the company would be prepared to ship substrates to customers from this facility during 2005.

The company expects to begin shipping TFT-grade glass to its customers this month.

Corning broke ground on the Taichung facility last July and expects to hold its official grand opening ceremony in January 2006. Corning's board of directors recently approved an additional capital expenditure plan of US$425 million for the third-phase expansion of the Taichung facility, bringing the total capital expenditure for the new plant to about US$1.5 billion.

The majority of the phase three expenditure will be incurred during 2006 and 2007. The Taichung facility will ultimately manufacture 5.5-generation (5.5G), 6G, 7.5G and larger glass substrates for panels to be used in monitors and TVs.
600450 Corning Taichung facility gets OK to ship LCD glass substrates glassonweb.com

See more news about:

Others also read

MORE...

Emirates Glass wins major supply contract for Palm Jumeirah
Emirates Glass, a Dubai Investment subsidiary, has won a major contract to supply 140,000 square meters of its premium glass to the prestigious development on the Palm Jumeirah, reaffirming its already established reputation as the single most prominent company in the entire regional glass industry.The deal was announced during the company's participation in the prestigious Big 5 show, the largest annual venue for the entire Middle-East glass contracting industry.
Rexam, buyout firms to bid for Calmar-sources
Packagers such as the UK's Rexam and private equity firms are set to vie for pump-sprayer business Calmar, which France's Saint-Gobain (SGOB.
ISRA Receives Major Display Glass Inspection Order
Isra Vision Systems AG supplier of machine vision systems, has successfully improved its market position in display glass inspection with a major order totalling 1.8 Mio Euro.
Company to close lime plant in Carey next month
The National Lime & Stone Co. will discontinue production of calcined lime early next month at its Carey plant, the company CEO announced Thursday.
China glass import a cheaper option for Amritsar firm
Jain Scientific Glass Works, manufacturers of glassware for laboratories, is importing glass as raw material from China, which was much cheaper than the local product and abundantly available.
Asahi Glass, Oracle, TDK, Seven & I: Japanese Equity Movers
The following stocks are moving in Japanese markets today. Prices are as of 12:55 p.m. at the Tokyo Stock Exchange. Stock symbols are in parentheses after company names.

Add new comment