January 4, 2006
Investments in Taiwan's flat panel industry are expected to exceed
NTD 900 billion over next three years, the Industrial Development Bureau stated at an event held in late December to mark the accomplishments of Taiwan's display sector over the last year. This star industry achieved a production value of
NTD 950 billion in 2005 and is expected to boost this value further to over
NTD 1 trillion in 2006.
The growth of the nation's flat panel display industry has been rapid to say the least: within six year's it global market share has climbed from just 1% to over 40%. This swift growth has relied on some major investments. Taiwan already operates three sixth-generation TFT-LCD plants and is presently constructing two seventh-generation plants. Investments by foreign flat panel-related enterprises in Taiwan have also exceeded
NTD 30 billion.
The IDB said that in the coming three years four Taiwanese panel makers will be investing
NTD 700 billion in the construction of seventh-generation or higher plants. Glass substrate makers, including Corning, Asahi Glass, Nippon Electric Glass and NH Techno Glass, are investing
NTD 100 billion, while color filter makers have plans to invest
NTD 100 billion in new facilities.
(Central News Agency)
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