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Shortage of Glass Made Faceplate Factory Difficult for be out of the Red

Post Time:Jul 08,2009Classify:Industry NewsView:298

The General Manager of Shang Cai Jin faceplate factory, Zhou Dinghui pointed out that the problem of glass shortage still hadn’t been solved and it had the trend that the shortage problem would be expanded. At present, it seemed the whole industry supply gap had reached 30% and almost the whole faceplate industry was looking for glass. If the factories wanted to be out of the red, the supply of glass must be enough, besides increasing the price of faceplate.

Zhou Dinghui said frankly that the price of plate had risen steeply mainly relayed on the first line factories’ quotation. But on the whole, if the shortage of glass couldn’t be solved, it would be difficult for realizing the aim to be out of the red in the third quarter.

According to the statistics, because plant industry reduced its production last year, glass manufacturers lowed down the glass furnace, even only kept half. What’s more, parts of glass manufacturers haven’t planed to increase investment. While after the first quarter, the market warmed up, which created the shortage of glass substrate.
For example, DisplaySearch investigated and showed that the need of glass substrate in the second quarter would be just 22% more than the first quarter. But in fact, the world's largest supplier of glass substrate, Conring said that the need of glass substrate in the second quarter would be twice times than the first quarter and the same to the third quarter.

Faceplate factories pointed that recently the Chinese market was a large and hopeful one. But because of its large scope, it was difficult for factories to estimate exactly the supply stock and the actual shipment. The attitude of suppliers of glass and the their strategy was the key to be out of the red.

Source: GlassInChinaAuthor: shangyi

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