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Nippon Electric Glass (NEG) has seen the light in the glass business. The company makes glass used in flat panel display (FPD) and LCD (liquid crystal display) screens for TVs and other consumer electronic and optical devices, such as smartphones and computer monitors. About 20% of sales come from glass fibers for engineering plastics and specialized building materials (glass blocks, heat-resistant glass, solar collectors, and glass tubing). NEG operates a half-dozen manufacturing plants in Japan and others in China, Malaysia, South Korea, Taiwan, and the US (through subsidiary Techneglas). NEG does the majority of its business in Asia; its largest customer, LG Display, accounts for 40% of sales.
Nippon Electric Glass (NEG) has seen the light in the glass business. The company makes glass used in flat panel display (FPD) and LCD (liquid crystal display) screens for TVs and other consumer electronic and optical devices, such as smartphones and computer monitors. About 20% of sales come from glass fibers for engineering plastics and specialized building materials (glass blocks, heat-resistant glass, solar collectors, and glass tubing). NEG operates a half-dozen manufacturing plants in Japan and others in China, Malaysia, South Korea, Taiwan, and the US (through subsidiary Techneglas). NEG does the majority of its business in Asia; its largest customer, LG Display, accounts for 40% of sales.
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