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BSA Ahmad Bin Hezeem & Associates


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GMG brokers


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Corning to manufacture Gorilla Glass in S Korea

March 10, 2014 12:47 am


Corning has announced that it will transfer the production of its Gorilla Glass from its manufacturing facility in Shizuoka, Japan to its facility in Asan, Korea, Digitimes has reported. Corning expects to complete this transfer and to close the east side of its Shizuoka facility by June of 2015. “This transfer of production reinforces Corning’s belief, which we previously communicated, that the annual synergies anticipated with the acquisition of Corning Precision Materials (CPM) can reach approximately $100m in 2015 and potentially increase in the future,” said president of Corning Glass Technologies, James Clappin.

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TBWA\RAAD


by Ismail Al Hammadi
Al Ruwad Real Estate


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