October 21, 1999 in Social Responsibility News

SAMSUNG Corning Precision Glass Expands Production of Glass for TFT-LCD

Samsung Coring Precision Glass Co., (SCP) Korea's sole maker of glass used in TFT-LCD substrates, is responding to soaring world demand.

The company will invest W250 billion to quadruple its annual production capacity by 2001. As part of this project, construction of additional fusion ovens has already begun at the company's production complex at Kumi, Korea.

Production of thin-film-transistor liquid crystal displays (TFT-LCDs) is increasing at least 30% a year at Samsung Electronics, LG.Philips LCD and Hyundai Electronics, so all three of Korea's TFT-LCD makers are expanding production capacity. Substrate glass is an essential part of these displays, and SCP is determined to ensure that stable supplies are available locally as well as to lay the groundwork for supplying overseas markets.

The first phase of the company's production expansion project will be completed next year, doubling current output. Then the second phase, scheduled for completion in 2001, will double capacity again. In addition to increasing total production, Samsung Corning Precision Glass will be able to produce glass for the world's largest substrates-1000mm x 1100mm. Both Samsung Electronics and LG-Philips LCD will have new plants in operation next year to make the large TFT-LCDs, and SCP will be able to supply them with the glass they need.

Samsung Corning Precision Glass has been producing substrate glass that is 0.7mm, which is the standard also followed by Corning Glass Inc. of the US. In addition, the Korean specialty glassmaker has completed development of a super-thin (0.5mm) version and has already shipped samples for evaluation. SCP is now working on a next-generation substrate glass that is lighter and sturdier than any product currently available. The new "millennium substrate glass" is expected to be on the market next year. Samsung Corning Precision Glass was established in 1995 as a 50:50 joint venture between Corning Glass Inc. and Samsung Corning. Prior to that time, Korean TFT-LCD makers had to rely solely on imports for their substrate glass. By localizing production, they save some US$100 million a year in import costs, and that annual savings will increase to at least US$300 million when SCP's expansion is completed in 2001.

Samsung Corning Precision Glass uses a state-of-the-art fusion method when producing its substrate glass.

The glass requires no grinding yet boasts outstanding surface quality and physical properties. This type of glass is now the standard among the world's TFT-LCD makers and outsells other glass three to one in the marketplace.


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