On July 10, Corning Corporation (NYSE: GLW) held a mass production ceremony for its new automotive glass solution plant located in the Hefei New Station High-tech Development Zone.
Mass production at the new plant means that Corning will directly provide global automotive manufacturers with high-performance automotive gorilla glass components AutoGrade ™ for automotive interiors, in line with the new trend of increasingly incorporating more display and glass elements in today's automotive design. Launched in early 2019, AutoGrade ™ opens up more possibilities for reliability and economy in next-generation automotive designs, following the new trends in the automotive industry that are increasingly focusing on vehicle connectivity and immersive driving environments. Corning's high-performance automotive glass combines Corning's decades of leading experience in display technology, mobile consumer electronics and automotive, and a new factory has emerged.
"Corning's high-performance automotive glass AutoGrade enables automotive designers to realize design visions for more glass applications, more glass shapes, and more glass functions in the next generation of automotive interior styling. Major OEMs around the world are beginning to "Our high-performance glass solutions are integrated into their automotive design," said Michael Kunigonis, global vice president and general manager of Corning Automotive Glass Division. "Our planned capacity can meet project development needs worth hundreds of millions of dollars. We are very Confidence will better serve growing market demand through the capacity of the new plant. "
With the development of automotive display design towards large screens, curved surfaces and high-definition, the demand for high-performance glass that can meet the strict standards of the automotive industry and have smart phone-like ingenious technology is also increasing. As mentioned in Corning's latest strategy and capital allocation framework, the new plant will provide strong support for Corning's automotive business market to double sales performance.
Michael Kunigonis said, "The new plant in Hefei is critical for us to meet the development needs of the automotive interior industry and to achieve our goal of doubling sales performance in 2023. The new plant will deliver customer order demand from the third quarter of 2019 for customers. Provide the highest quality products, guarantee the best service, the best cost. "
With the support of the Hefei government, Corning Automotive Glass Solutions announced its investment plan for a new plant in Hefei in July 2018. It is the third plant that Corning has invested in Hefei in just four years. Not long ago, Corning Environmental Technology just announced the mass production of a new plant in Hefei, which mainly produces gasoline particulate filtering products for the automotive emission control field. Corning's new display technology factory was established in Hefei last year. As the world's first 10.5 generation LCD substrate factory, it directly provides services to BOE, China's leading domestic panel manufacturer.
Li Fang, president and general manager of Corning Greater China, said, "Today's mass production ceremony once again demonstrates our commitment to the Chinese automotive market. We express our deep support for Corning's strong support to the government of Anhui Province and Hefei at all levels Thanks. We look forward to more exciting Corning's future. "