Japanese optical glassmaker Ohara Inc. announced on 16 July 2009 that one of its Chinese rivals – Hubei New Huaguang Information Materials Co. – will be supplying it with glass on an original equipmen…
Japanese optical glassmaker Ohara Inc. announced on 16 July 2009 that one of its Chinese rivals – Hubei New Huaguang Information Materials Co. – will be supplying it with glass on an original equipment manufacturer basis. The supplies will start up this year with optical glass for medium- and low-priced digital cameras. Ohara said it also plans to outsource about 50% of its total production to the Chinese manufacturer in the next few years, and that it hopes the supply agreement will help it boost price competitiveness as demand for low-priced compact digital cameras is expected to grow in emerging economies such as China.