Asahi Glass is to establish a new production base for TFT-LCD glass substrates in Shenzhen, Guangdong Province, China, to meet expanding demand.
After a new company is established jointly with Shenzhen China Star Optoelectronics Semiconductor Display Technology, a glass substrate processing line will be installed at the plant. Mass-production is planned to start in 2019.
AGC has been enhancing its supply system to meet expanding demand for glass in China by establishing processing bases which support the eighth generation of glass substrates in Kunshan, Jiangsu Province, and Shenzhen, Guangdong Province, as well as a base to manufacture raw glass for TFT-LCDs in Huizhou, Guangdong Province.
The new glass substrate-processing base, supporting the eleventh generation, will be established to meet demand in the Chinese market, which is expected to expand.
The project is subject to approval from the antitrust authorities.
AGC Asahi Glass is the parent company of the AGC Group, a glass solution provider and supplier of flat, automotive and display glass, chemicals, ceramics and other high-tech materials and components