SVA GROUP TO EXPAND LCD PANEL CAPACITY TO ATTRACT CORNING
AsiaInfo Services, February, 2006
AsiaInfo Services 02-08-2006 SVA Group to Expand LCD Panel Capacity to Attract Corning SHANGHAI, Feb 08, 2006 (SinoCast via COMTEX) -- SVA Group, a leading electronics maker in China, plans to sharply expand its production capacity of LCD panels for more chances toattract US-based Corning Inc.
to set up the planned LCD glass substrate finishing facility in Shanghai. Corning announced on February 2, 2006 that its board of directors has approved of a proposal to earmark about USD 1 billion to establish a LCD glass substrate finishing facility in the China mainland. As the location for the facility has not been decided yet, Shanghai-based SVA Group and Beijing-based BOE Technology Group Co., Ltd., two leading LCD panel producers in China, started a competition...
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