Nippon Electric Glass Co. will invest about JPY 20 billion to increase production capacity for LCD glass substrates in response to rising demand for large next-generation panels, a company spokesman s…
Nippon Electric Glass Co. will invest about JPY 20 billion to increase production capacity for LCD glass substrates in response to rising demand for large next-generation panels, a company spokesman said 4 February 2005. The company will install a furnace in August 2005 to make 2-meter-wide glass substrates at its key plant in Shiga prefecture, central Japan, mainly for supplies to South Korean and Taiwanese manufacturers. As a result, monthly output capacity at the plant will increase 40% to 1.4 million square meters. Nippon Electric Glass will also spend JPY 3 billion to add new glass panel processing facilities to its plant in South Korea in spring 2005. The investment will help boost its glass processing capacity there to 550,0000 – 600,000 square meters a month from the current 350,000 square meters. Meanwhile, it will also spend JPY 6 billion to construct new glass processing lines in Taiwan by autumn 2005, increasing monthly capacity to 600,000 square meters from the current 150,000 – 160,000 square meters.