AGC to Build Furnace in China for TFT-LCD Glass Substrates
According to the company, it will relocate a cutting-edge glass substrate production facility from within the AGC Group.
AGC Asahi Glass recently announced its plan to build a furnace for 11th-generation TFT-LCD glass substrates at AGC Display Glass (Huizhou) Co., Ltd. in the Huizhou Zhongkai Hi-Tech Industrial Development Zone, Guangdong Province, China. According to the company, it will relocate a cutting-edge glass substrate production facility from within the AGC Group; this investment will reduce the need for capital investment while maintaining the group’s total production capacity.
China has seen a large increase in production of TFT-LCD panels in recent years, resulting in an abrupt increase in demand for glass substrates. To accommodate demand growth, AGC has established a supply system by setting up a processing facility in Kunshan, Jiangsu Province, and Shenzhen, Guangdong Province, as well as a furnace in Huizhou.
For more information, visit www.agc.com.