Asahi Glass announces the official opening of its subsidiary Asahi Glass Display Glass (Kunshan)

[High-tech LED News] Recently, flat glass manufacturer Asahi Glass announced that as a major measure to deal with the liquid crystal panel market, its subsidiary Asahi Glass Display Glass (Kunshan) Co., Ltd. officially opened.

Asahi Glass Display Glass (Kunshan) Co., Ltd. said that the company will mainly develop and produce glass substrates and related products used in the 8th generation TFT-LCD, and has started trial production in June 2011. After the completion of the company's production line, Asahi Glass will have six grinding and cutting production lines in Kunshan, and the glass substrate production capacity can reach 6 million square meters per month.

At present, Asahi Glass TFT-LCD glass substrate has a market share of 30%, ranking second in the world. It has a high proportion of supply in leading panel companies such as AUO and Chi Mei. At the same time, Asahi Glass is also the main raw material supplier for domestic panel companies such as Longteng Optoelectronics, BOE, and Tianma.

The successful construction of the Asahi Glass Project has enabled Kunshan Photoelectric Industrial Park to take the lead in realizing the localization of raw materials in China, forming a complete industrial chain from “upstream raw materials – panels – downstream complete machines”. Since the establishment of the Asahi Glass (Kunshan) project, it has driven a number of industrial chain projects such as New Century Optoelectronics and Tokyo Electronics to follow up. Kunshan Optoelectronic Industrial Park is about to usher in a new round of investment boom. It is expected that Kunshan Optoelectronic Industrial Park will be realized within five years. The local matching rate of panel materials is over 80%.

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