Germany glass manufacturer and other special electronics manufacturer Schott announced on Thursday that it will build the LCD panel glass production plant in Korea, in order to occupy a space for one person in the Asian LCD market, so in the next 10 years, the Asian market product sales accounted for the company's total sales increased from 16% to 30% the proportion of.
According to Schott, the company said the new plant to be built in southern Seoul, South Korea's Ochang, which is expected to cost $115 million. The new plant is expected to be completed by the end of next year. The products manufactured by the new factory are intended to be sold to the markets in Asia and other countries, such as Japan, China and Taiwan.
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