Hard hit by slowing global economies, Corning is prepared for a prolonged recession, "but well positioned in key growth markets to take advantage of opportunities when the economy...
With first-tier LCD panel makers suffering losses in the fourth quarter of 2008, components suppliers will be engaged in an exceptionally intense price war in the first quarter of...
Although noting the recent strength of LCD TV unit sales in the retail channel, LCD glass maker Corning admitted the LCD supply chain is still correcting for excess inventory. According...
Corning has denied speculation that it would lay off salaried employees in Taiwan. But the glass substrate supplier has revealed that it plans to discontinue about 200 contract workers...
Citing declining LCD glass demand, Corning has announced that it will withdraw its previously disclosed financial guidance for the fourth quarter of 2008 and the entire 2009.
Taiwan-based optical glass processing service provider G-Tech Optoelectronics, in which Foxconn (Hon Hai Precision Industry) owns a major stake, recently announced an additional investment...
Corning has reported a slight sequential increase in its LCD glass shipments and a sharp sequential decline in overall profits for the third quarter, and it expects LCD glass shipments...
Among the component suppliers who have been hit by LCD panel makers' production cuts, color filter (CF) specialists have suffered most, with the prices of 6G CFs dropping more than...
A fire occurred at the Asahi Glass plant in Takasago, Hyogo Prefecture, Japan last week, which should impact glass substrate supply for Sharp, according to market sources. The fire...
The recent large-size panel price drops are causing makers to heap more pressure on upstream component makers for additional cost downs. Component suppliers are at a disadvantage...
Japan-based Asahi Glass will start construction on its fifth glass substrate plant in Taiwan next month, and it aims to further expand its capacity by running a total of 10 plants...
There appears to be no constraint on TFT LCD panel production for PC and TV applications this year or next, as 20 tanks of TFT LCD glass substrate capacity will come on-line in 2008,...
With LCD panel makers fast expanding their capacities and a TV market continuing to grow despite an economic downturn, major glass substrate suppliers remain optimistic about deman...
Corning still sees the worldwide LCD TV market heading towards significant growth through 2009 despite the weak economy in the US, according to Alan T Eusden, president of Corning...
