Ohara Optical, a major optical glassmaker based in Japan, has announced it will invest $13.2 million in a 3.29-hectare new subsidiary in the Huwei branch, Taiwan.

One third of its glass melting will be moved to the new factory after scheduled operations begin in 2013. In the future, the products will be sold to both Taiwan and overseas markets.

The subsidiary is hoped to bring benefits to local industries related to precision optical machinery and to help lower their production costs.