Asahi Techno to boost capacity for LCD backlight glass

Asahi Techno Glass Corp. plans a JPY 3 billion investment to double its annual production capacity of glass tubes for LCD backlights to 400 million units by August 2006, it has emerged.
The special g…

Asahi Techno Glass Corp. plans a JPY 3 billion investment to double its annual production capacity of glass tubes for LCD backlights to 400 million units by August 2006, it has emerged. The special glass manufacturer started producing the LCD component in February 2005 at its plant in Shizuoka Prefecture. The move is in response to rising demand resulting from the spread of LCD televisions. Asahi Techno aims to raise its share of the world market from 20% at present to over 30%. Producing the glass tubes, a circular type of special glass 2-3mm wide that covers the fluorescent part of an LCD, requires ultrafine processing capability. The company sees global demand for the tubes reaching 1 billion units in 2005 and rising to 2 billion in 2008.