Glass firm runs out of LCD glass

In the same quarter last year, it turned in a loss of $22 million.

It said in a statement that demand for the kind of glass used in LCD monitors and TV soared 80% during the second quarter.

It will build another glass factory in Taiwan but that won't be ready to roll until the end of next year.

Last week, several Taiwanese LCD firms claimed that prices couldn't fall as the market expects because there was a shortage of glass.

If it had had more glass, it would have made more of a profit. µ