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Corning Glass Taiwan: second furnace starts production

Corning Glass Taiwan Co., Ltd., a subsidiary of Corning of the USA, announced 10 June 2004 that its second glass furnace on the island has started production and will gradually increase output to meet…

Corning Glass Taiwan Co., Ltd., a subsidiary of Corning of the USA, announced 10 June 2004 that its second glass furnace on the island has started production and will gradually increase output to meet demand from local TFT-LCD panel makers. Corning Taiwan President Nitin Kulkarni said, however, that the company“s substrate capacity is still not growing as quickly as demand, and the supply shortfall will continue in 2004. Kulkarni added that there will be a 10% to 15% shortfall in substrate supply to the local TFT-LCD panel line in 2004. According to Kulkarni, Corning Taiwan“s first furnace in Southern Taiwan Science Park (STSP) has entered the stable mass-production stage. The second furnace in the park has also begun small-batch production and is expected to enter stable production in the near future. The president claimed that his company is stepping up the establishment of new furnaces in Taiwan in order to meet increasing demand from fifth-generation panel plants on the island. Industry sources said that Corning has applied to the STSP administration bureau to set up eight furnaces in the science-based park at a completion rate of one a quarter. Industry sources said that two of the four furnaces currently operated by Asahi Glass Co., currently the world“s No. 2 glass substrate supplier, are being upgraded, and will be out of action until the end of July or August. That supply change has forced almost all panel makers to turn to Corning for their substrate orders.

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