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Corning to Expand Taiwan LCD Glass Capacity

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CORNING, N.Y., July 24 -- Corning Inc.'s board of directors has approved the first of a three-phase, $180 million capital expenditure plan to expand and enhance the company's liquid crystal display (LCD) glass manufacturing facility in the Tainan Science-based Industrial Park, Taiwan. The company expects the expansions to be completed by the end of 2004 and production to be initiated by the 2004 second quarter. Corning said it is increasing its manufacturing capacity in Taiwan to keep pace with anticipated industry demand and the expected shift to larger glass sheets by LCD manufacturers....Read full article

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    Published: July 2003
    Glossary
    liquid crystal display
    An alphanumeric display formed by a layer of liquid crystal material sandwiched between two sheets of glass; a transparent conductive coating on the glass is etched to form the character segments. An applied voltage causes the appropriate segments to darken as the molecules in the liquid crystal change their arrangement.
    CorningindustrialLCDliquid crystal displayNews & FeaturesTainan Science-based Industrial Park

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