Article: JAPAN CO HOYA TO BUILD US$145 MLN HARD-DISK GLASS SUBSTRATE FACTORY.

TOKYO, Nov 9 Asia Pulse - To keep up with growing demand for personal computers, Japan firm Hoya Corp. (TSE:7741) plans to invest 13 billion yen (US$144.6 million) to construct a factory, possibly in Vietnam, to produce glass substrates for hard disks.

Hoya is the world's top manufacturer of hard-disk glass substrates, with a market share of about 70 per cent. It makes them at three overseas factories in Thailand, the Philippines and Vietnam. These factories' monthly output capacity totals slightly more than 25 million units.

Hoya plans to pick the location of the new factory shortly. Vietnam is the leading candidate.

The new factory is slated ...

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