AsahiGlass Fine Technology is to invest thirteen billion yen in building glass factory in Taiwan
E030620Z5 Jul. 2003（E46）
AsahiGlass Fine Technology announced in Taiwan and Japan simultaneously yesterday that it will invest a total of eighteen billion yen in the two countries and decides to build its first overseas kiln to produce TFT-LCD in Taiwan. The kiln is expected to be started as of September, 2004, with the total of investment measuring up to 3.8 billion NT dollars (equivalent to 13 billion yen). After that, the market share of AsahiGlass’s TFT-LCD will grow up to 35%.
Despite that its market share of TFT-LCD is less than Corning’s 50% market share for the time being, its market share in Taiwan is expected to grow up to 45% upon the start of the kiln in Taiwan. With its global market share estimated to be 40% or more until 2005, AsahiGlass is moving forward to the goal of “Global NO.1”.
Despite that its market share of TFT-LCD is less than Corning’s 50% market share for the time being, its market share in Taiwan is expected to grow up to 45% upon the start of the kiln in Taiwan. With its global market share estimated to be 40% or more until 2005, AsahiGlass is moving forward to the goal of “Global NO.1”.
