AGC Inc. has decided to discontinue the production of LCD glass substrate products at its Kansai plant (Takasago Factory), located in Hyogo prefecture, Japan, by the end of 2023.
The revenues of LCD glass substrate products have been deteriorating since 2022. As part of measures to improve the profitability of this business, AGC is undertaking fundamental structural reform measures, including withdrawal from low-profit size glass substrates and consolidation of production lines, and this decision is part of those measures. Production of other products at the Takasago Factory will continue.
