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Mainz (dpa / lrs) - The special glass manufacturer Schott wants to open up new business areas with the further development of its products.

Glass types that have already been developed should be used for new applications such as foldable smartphone displays or data glasses, the Mainz-based company announced on Monday.

"We want to venture into related business areas and significantly expand our commitment in our two focus markets, the USA and China," said CEO Frank Heinricht, speaking of a new corporate strategy.

At the same time, the company wants to focus on the current challenges of climate protection, diversity and digitization.

Heinricht named the pharmaceutical market as another important field of activity.

Just a few days ago, Schott announced that it would expand its production of glass bottles for a corona vaccine worldwide.

By the end of next year, the company wants to be able to provide around two billion vials for this purpose.

Schott sees great potential for a large number of special glass applications in the world's two largest economies, the USA and China.

In addition to pharmaceutical packaging, the group also focuses on the areas of semiconductors and data communication, medical technology and entertainment electronics.

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Schott employs around 16,200 people worldwide.

Sales in the 2018/2019 financial year were 2.2 billion euros.

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