Japanese LCD glass manufacturer Asahi Glass (AGC) has reportedly secured a contract for the investment and establishment of a LCD glass substrate facility in Shenzhen City, Guangdong Province, southea…
Japanese LCD glass manufacturer Asahi Glass (AGC) has reportedly secured a contract for the investment and establishment of a LCD glass substrate facility in Shenzhen City, Guangdong Province, southeast China. The project regards 8.5-generation LCD glass substrate, with a phase I investment of almost USD 300 million, and total investment of CNY 24.5 billion. Registered capital is CNY 10 billion, in which TCL and Century Science & Technology Investment Corporation hold 50% shares each. Tthe glass substrate project is expected to be the most important and largest-investment industrial supporting project under Shenzhen China Star Optoelectronics Technology Co., Ltd., a subsidiary of TCL Corporation.