Corning has announced that revenues for the first quarter of 2009 declined 9% sequentially to US$989 million, but it expects that continued strengthen in the LCD TV market will boost...
A state-owned business in China has announced plans to invest 2.7 billion yuan (US$395.1 million) to build an LCD glass substrate plant in the western city of Chengdu.
HannStar Display is moving to allocate half of its overall capacity to small- to medium-size LCD panel output by the end of the second quarter, according to company president David...
Encouraging data from panel makers and LCD TV retail sales indicate that the display supply chain is performing as predicted, according to Corning. As a result, the company has been...
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...
