Samsung Corning Advanced Glass Sells Gumi Plant to Chinese Company
Samsung Display and US Corning Joint Venture
[Asia Economy Reporter Kim Ji-hee] Samsung Corning Advanced Glass, a subsidiary of Samsung Display, has sold its Gumi plant in Gyeongbuk to a Chinese company.
According to industry sources on the 12th, Samsung Corning Advanced Glass's Gumi plant announced through an internal notice that the company has been sold to a Chinese firm. Samsung Corning Advanced Glass is a joint venture established in 2012 with Samsung Display and the American company Corning each investing 50%.
The Gumi plant being sold produces transparent electrode materials used in display liquid crystals.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Standard Chartered to Cut Support Staff by 15% by 2030 as AI Adoption Expands
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
The industry views this sale as a decision by Samsung Display to strengthen profitability in response to changes in the business environment.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
