The new plant will begin operation by the end of next year, according to a Japanese-language Nihon Keizai newspaper report. The company is also spending 25 billion yen on its sixth generation (6G) plant, the paper added.
Polarizer manufacturer, Sumitomo Chemical also plans to spend 30 million yen on its two plants in Japan and South Korea to increase output of large-sized LCD components. The expansion will be completed in October of 2006, according to the company.
In addition, Japan's largest glassmaker Asahi Glass began constructing 8G glass substrates this July and its new fab will be on line in October 2006, when Sharps 8G panel plant begins operations, according to a Forbes report.
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