In the beginning, there was nothing -- which exploded - Terry Pratchett
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Corning restarts broken LCD factory
GLASS PANEL MAKER Corning has managed to repair its liquid crystal display (LCD) glass plant in Japan which was badly damaged by an earthquake last month.
The company was increasing factory output when the earthquake struck and the resulting lack of production walloped it hard.
The company eased some of the impact from the disruption by restarting production units in Taiwan that were originally planned to come online later in the year.
However Corning has been unable to meet increasing demand and this has resulted in LCD panel price increases and other effects of the shortage. It estimates that the earthquake has cost it about $22 million.
The plant makes glass sheets for LCDs and monitor manufacturers are expecting a stronger fourth quarter than previously thought.
Corning now anticipates that worldwide glass demand in the fourth quarter will be just as strong as it was in the third quarter. Retail LCD panel demand looks like it is also picking up. µ
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I was so wondering why anybody would start a factory to produce broken LCDs... ;)
Yes, and with the ability of the new AMD graphic adapters to handle six displays, that should help Corning's bottom line.