Apr. 25, 2008 – A JV between Japan’s Toray Industries and Korea’s Samsung Electronics is increasing output capacity for film circuit substrates on which FPD chips are mounted. The 55% increase, to 59M units/month, is through a ¥7B facility at Stemco Ltd.’s main plant in Chungcheongbuk-do province, reports the Nikkei Business Daily.
Stemco, which has already ramped the expanded facility into service, is increasing production of film circuit substrates in response to growing demand in both countries, in line with demand for flat-panel displays in TVs, PCs, and LCD panels. Toray holds a 70% ownership stake in the business.