James Delahunty
31 Jul 2007 11:46
Sharp Corp. has revealed plans to spend up to $3.2 billion on a new liquid-crystal display (LCD) factory as part of a new flat-panel industrial park currently in plans. The electronics maker wants to create a "manufacturing complex for the 21st century," and is inviting other component manufacturers to participate. According to a statement from the company, the plan is to reduce distribution costs, help in production planning and promote collaboration.
Asahi Glass Co., a manufacturer of the glass known as substrate used to make LCDs, plans to participate in the center along with Dai Nippon Printing Co., which manufactures color filters. Corning Inc., a larger glass substrate maker than Asahi Glass Co., also plans to construct facilities at the center.
The factory will be located at the city of Sakai, located in the southern part of Osaka prefecture. Work is set to begin in November and the center will begin production in 2010.
Source:
Yahoo (AP)