Shenzhen Enrich Electronics Co.,Ltd

Favorite  |  Set Home
skype: +8618823763597
QQ: 1610996003
E-mail: Jessie Lv
Contact Us

Name: Jessie
Tel: +86-755-27864416
Mobile: +86-18823763597
Add: 3rd Floor Bldg.11,ChangXing Technical Zone,Wan An Road,Sha Jing town,Ban An district ,Shen Zhen ,GuangDong, China.
Skype: +8618823763597
WeChat: +8615623028461
whatsapp: +8618823763597
QQ: 1610996003
Skype: +8618823763597 facebook: Jessie Lv QQ: 1610996003

Company News >> Corning opens LCD glass substrate plant in western China 1st,August,2017
                                           Corning's investment decision-making is based on customer needs and market needs, to the customer's location as the center, near the customer to build factories. "Corning glass technology business group president Ji Kebin in an exclusive interview with the author said.
February 16, the US glass giant in Chongqing Liangjiang New Area of ​​liquid crystal display (LCD) glass substrate factory officially put into operation, began to provide its customers with 8.5 generations and above the glass substrate. The new rear processing plant is Corning's second LCD glass substrate plant in mainland China. Previously, its investment of about 800 million US dollars in Beijing's factory, with up to 8.5 generations of LCD glass melting, molding and post-processing capacity.
Public information, Corning was founded in 1851, headquartered in Corning City, New York, for the special glass and ceramic materials suppliers. Corning Display Technology's products are mainly used in liquid crystal display (LCD) and organic light-emitting diode (OLED) display glass substrate. 2015, Corning has announced in Chongqing, China, Hefei, invest in the construction of new 8.5 and 10.5 generation of glass substrate factory. Up to now, Corning in mainland China's total investment of 3 billion US dollars.
"The investment is based on the strong demand for LCD glass substrates in China, and the localized supply is also more efficient for Chinese panel makers," he said.
Industry data show that, at present, flat-panel TVs, smart phones and other consumer-driven display panel industry, has formed China, South Korea, Japan and China Taiwan region as the main origin of the pattern. China and South Korea began to lead the global display panel manufacturing industry as Japan's declining scale and China's Taiwanese industry were affected by factors such as the scale of development.
According to the report shows that the industry chain research group intelligence consulting released in January this year, the report shows that in 2016 the global LCD TV panel shipments reached 258 million, although shipments fell 2.5% compared with 2015, but the mainland China panel factory Production capacity is continuing to expand, shipments are second only to South Korea, ranking second in the world.
Panel manufacturers, the 2016 BOE, Huaxing photoelectric and the China Panda three mainland panel manufacturers LCD TV panel shipments reached 76.73 million, the total market share of 30%, shipments second only to South Korea, ranked second in the world The
Ji Kerbin believes that the current global display industry is still growing, the growth is mostly from the market for large-size TV demand increased, China as the world's largest TV market, is the world's most important LCD panel supply area.
Qunzhi Consulting The report also predicted that in 2017 with the BOE and Huike and other new production line production, China panel factory in the global LCD TV panel market share will continue to steadily increase.
"BOE is one of our largest customers, it is in Chongqing, the panel factory in the Corning factory opposite," quarter can Bin said, "BOE is now the world's top three LCD panel manufacturers, with the BOE new plant put into operation, and Hefei 10.5 generation factory production, BOE will become the world 's largest manufacturer of LCD panels.
"In the vicinity of customers to set up factories, logistics and transportation will become simple, delivery and stability can also be the greatest guarantee.Especially Corning is building in Hefei 10.5 generation glass substrate factory, the glass size is larger, the factory is directly And the BOE's factory, so that only the glass loaded in the container can be shipped directly. "He said.
As Corning's products are oversized and thin glass, it is necessary to meet the quality and timely and reliable supply requirements, but also not suitable for long-distance transport, so Corning's investment decisions are always based on customer needs and market needs. However, the Corning plant in Chongqing, when the new US President Trump took office, to fulfill its "US companies return to the United States, the manufacturing industry back to the United States" period.
Previously, Foxconn and other companies announced plans to build factories in the United States, Intel also reiterated the early construction plan, which seems to show that the United States is being high-end manufacturing giant support. In this regard, quarter can be said that President Trump has just taken office, Corning on this new government there are many need to understand and learn the place, need to further understand the new government laws and regulations promulgated and development. At present, Corning's strategy is to build factories near customers.
In the construction to meet customer needs at the same time, quarter can also be disclosed, Corning will be a stable investment to support the company's R & D innovation, in order to improve the company's competitiveness. Specifically, Corning's annual sales revenue will be 8% -10% into research and development. Part of the funds will be used to develop new technologies and new products, to provide customers with new solutions; another part of the investment is used to optimize their own production processes and processes.
"In the history of Corning over a hundred years, the company's business has a cyclical, both rapid growth period, there are low," quarter can Bin said, "At present, Corning show technology business in a better income stage, we will invest to Emerging business units to support the latest R & D and capacity development to help the company's emerging business grow into rapid growth, "he said.
According to Corning's January 24, the 2016 earnings report shows that Corning's technology sector in 2016 annual core sales of 3.6 billion US dollars, the core income of 1 billion US dollars. 2016 year, the LCD display market demand for Corning glass growth rate of about 5%.
The company expects the retail market and glass demand growth rate to be around 5% for the full year of 2017. The company expects to show that the volume of technology in the first quarter of 2017 will be about 15% year on year growth, and about 5% decline in the chain.

Online service

Skype: +8618823763597 1610996003