Entering text into the input field will update the search result below

Corning, Irico set joint venture on glass substrate

Jan. 11, 2018 9:58 AM ETIRICO GROUP ELECTRNC CORP (IRCRF) StockGLW, IRCRFBy: Jason Aycock, SA News Editor2 Comments
  • Corning's (GLW +0.6%) Singapore unit and Irico Display Devices (OTC:IRCRF) are planning a joint venture to produce TFT-LCD glass substrate.
  • A filing to the Shanghai exchange details the plans, in which Irico will take a 51% stake with $10.2M contributed, while Corning will hold 49% with $9.8M.
  • The eventual $60M venture will kick off operation in August.
  • Source: Bloomberg

Recommended For You

Related Stocks

SymbolLast Price% Chg
IRCRF--
IRICO GROUP ELECTRNC CORP