Sharp in LCD Production Deal with Corning

Corning announced this morning that it has inked an agreement with Sharp to manufacture 8th generation LCD glass substrates at its facility in Shizuoka, Japan. In addition, Corning said that it recently signed a supply agreement making Corning the majority glass substrate supplier for Sharp Corporation's Gen 8 fab in Mie Prefecture, which is currently under construction and expected to open later this year. Sharp's new Gen 8 factory will be focused on LCD TVs that are 40 inches and larger and according to the company, Corning's new investment will add Gen 8 glass capacity to meet Sharp's future supply requirements.