Japanese Glassmakers Follow Corning with Price Increases; Glassmaker Q2 Revenues Increased with Higher Fab Utilization

Published August 7, 2023

During Display Week 2023 in May, Corning surprised nearly everyone in the display industry by announcing a 20% price increase on all of its display glass products. In the months since then, Corning has established higher prices in its display glass business and the two large Japanese glassmakers, AGC and NEG, have raised prices as well to improve the profitability of their display glass business. The result appears to be a structural reset of display glass pricing, which will increase costs for flat panel displays and may (or may not) reduce panel maker margins.

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Written by

Bob O'Brien