One of the world’s three largest LED substrate glass manufacturers, Nippon Electric Glass Co., Ltd. (NEG), will build a substrate plant in Xiamen’s Torch High-Tech Zone.
A ground-breaking ceremony for the new factory was held in the Torch High-Tech Zone on November 19. With a total investment of RMB 4.14 billion, the factory will be located next to AU Optronics. The first phase of the factory will cover an area of 100mu and is expected to be put into operation by the end of 2015.
According to the General Manager of NEG, Xiamen’s convenient transportation and beautiful environment were the main reasons they chose it as their factory base.
Nippon Electric Glass Co., Ltd. is engaged in the manufacture and sale of glass for electronic and IT use, such as flat panel displays (FPD) and cathode-ray tubes (CRT), optics-related, glass for electronic devices and solar batteries, as well as for other uses including, construction, heat-resistance, lighting, medical and laboratory, and for thermoses. The company is also engaged in the manufacture and sale of glass manufacturing equipment and refractory products, as well as inspection, packing and logistics services.