Corning Expands Taiwanese LCD Operations
Glass giant Corning Inc. plans to expand its operations in Taiwan to increase production of panel liquid crystal displays (LCDs) used in laptop computers, video cameras, and other consumer products. The company expects worldwide demand to more than double by 2002. In response, Corning has increased its sales and engineering staff in Taipei, will begin warehousing its products in Taiwan in 1999, and plans to add a finishing operation in Taiwan in 2000.
Though the company will also consider plans for adding glass substrate melting capacity in Taiwan, Corning said that it currently has capacity in place to satisfy the predicted market growth through the year 2002.