Nippon Electric Glass Co. said Friday it has established a new subsidiary in China to expand its output of glass bulbs for cathode-ray tubes.
Nippon Electric Glass (Fujian) Co., located in Fuzhou, Fujian province, will handle growing demand for the product in China. The wholly owned subsidiary will invest about 14 billion yen to produce CRT bulbs at an annual rate of 6.5 million units beginning March 2004.
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