ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
Business

Corning to move Gorilla Glass ops from Japan to South Korea

TOKYO -- Corning will partially close a Japanese plant and relocate production of cover glass for smartphone screens to South Korea, bringing it closer to partner Samsung Display.

     The U.S. manufacturer said it will shutter the east side of its factory in Kakegawa, a Shizuoka Prefecture city southwest of Tokyo, by June 2015. It will offer early retirement to at least 150 employees at the plant, which makes the Gorilla brand of damage-resistant glass.

     Last October, Corning announced a partnership with Samsung Display that would give the Samsung Electronics subsidiary a roughly 7% stake. Samsung is looking to consolidate production of core components into its own country.

     Corning will cut about 10% of the 1,200 full-time jobs at its three Japanese units. At least 100 temporary workers at the Shizuoka plant will not have their contracts renewed.

     Production of glass substrates for LCD panels will continue at the plant and at Corning's Sakai factory outside Osaka.

     Gorilla Glass has helped Corning take a substantial lead in market share over the next-biggest player, Japan's Asahi Glass.

(Nikkei)

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends April 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media