Asahi Glass Fine Techno to set up 8th gen plant

Asahi Glass Fine Techno announced on 12 May 2005 that it is to set up 8th generation glass substrate production in Taiwan. A senior official said that the firm will be able to secure over 40% of the g…

Asahi Glass Fine Techno announced on 12 May 2005 that it is to set up 8th generation glass substrate production in Taiwan. A senior official said that the firm will be able to secure over 40% of the global market on the expansion effects of the production line. The move is predicted to be helpful for Taiwan“s large-size TFT-LCD panel production. Economy minister Ho Mei-yueh said the move will significantly increase the competitivity of Taiwan“s panel industry. The company announced in mid-2003 that it would set up a glass substrate furnace in Taiwan, the company“s first outside Japan; the TWD 3.8 billion furnace was inaugurated in September 2004.