Corning to bring generation 8 capability to Taiwan
Corning Incorporated has announced that its board of directors has approved a capital expenditure plan of $129 million to further expand manufacturing capacity for large-size glass substrates for active matrix liquid crystal displays (LCD) at its Taichung, Taiwan manufacturing facility.
In addition to enabling Generation (Gen) 8 manufacturing capabilities in Taiwan, the investment will create additional finishing capacity for Gen 7.5. The expenditure will be incurred over two and a half years, with glass substrate production expected to begin by mid-2008.
"Very large Gen sizes, such as Gen 8, are all about TV," said James P. Clappin, president of Corning Display Technologies. "This expansion helps our customers in Taiwan and Japan meet the growing demand."
"Bringing Gen 8 finishing capability to the Taichung facility offers the flexibility of meeting future Taiwan demand with local capacity," said Alan T. Eusden, president, Corning Display Technologies Taiwan.
