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CNBM to invest RMB 2.7 bln in TFT LCD glass substrates project

Post Time:Apr 03,2009Classify:Company NewsView:362

China National Building Material Co Ltd (CNBM)<3323> plans to invest a total of RMB 2.7 billion to build three 0.5 mm TFT LCD glass substrates production lines in Chengdu Hi-tech Zone, sources reported.

The first production line will begin construction in July 2009 and will be operational in 2010.

A representative of CNBM said the project will provide the products which support related enterprises in Chengdu and further improve the local optoelectronic display industry chain.

So far, Chengdu Hi-tech Zone has attracted raw material provider Sichuan Sunfor Light Co Ltd; the display manufacturers Technology Group Co Ltd<000725><200725> and Tianma Microelectronics Co Ltd<000050>; and the display applications enterprises GeneralTouch Technology Co and TCL Corp<000100>.

Source: China KnowledgeAuthor: shangyi

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