Japan“s Asahi Glass is increasing the role of its divisions concerned with electronics. Soon the company will establish a new business development department and an electronic materials development r…
Japan“s Asahi Glass is increasing the role of its divisions concerned with electronics. Soon the company will establish a new business development department and an electronic materials development research unit within its main electronics division. Asahi Glass is trying to get into the businesses of semiconductors and glass fine ceramics for PC hard disk drives. Its plans are to make this sector the third most important within the company, following glass and chemicals. Furthermore, it wants to raise sales by 80% to Yen 140 billion by the year 2000. The company“s sales were down 4.5% last year despite the fact that it has entered some growing fields, including that of fine glass for displays. Asahi Glass also said it wants to double sales in its fluorochemicals business early next century to about Yen 200 billion. The company is involved in every form of the fluorochemicals business ranging from resins to films and gases.