Nippon Electric Glass Co. announced that it will sink about 15 billion yen (US$138 million) into a Malaysian subsidiary to build new facilities at a plant making glass for cathode ray tubes.
The move…
Nippon Electric Glass Co. announced that it will sink about 15 billion yen (US$138 million) into a Malaysian subsidiary to build new facilities at a plant making glass for cathode ray tubes. The move is to keep up with growing demand in Southeast Asia for use of the tubes in TVs and PCs. The extra glass produced is likely to be sold to Japanese home electronics manufacturers in Malaysia and other countries in the region. The line is to start operating by July, boosting the plant“s annual capacity by 50% to 230,000 metric tons. The extra 80,000 tons is enough glass for about 10 million 10-12-inch tubes. Output at the plant doubled in August to 150,000 tons. The upcoming increase will boost Nippon Electric“s worldwide tube glass capacity to some 800,000 tons, of which overseas production will account for 55%.