Quantum Materials Corp. (fka QTMM)

[Solar_Express]

Nitto Denko plans LCD polarizer production in China


OSAKA -- Nitto Denko aims to establish start-to-finish production of polarizing films for liquid crystal displays in China beginning in 2018 to respond faster to orders in an increasingly demanding market.

The Japanese electronic parts maker is a leading global manufacturer of polarizers, which are built into LCD panels to control light for a bright display. Nitto Denko has seven overseas bases for post-processing to cut the polarizing films to size, but the company has conducted the technically advanced fabrication of the films only in Japan.


Nitto Denko will invest roughly 13 billion yen ($124 million) to build a facility for this pre-processing step on the grounds of its plant in Shenzhen, which now conducts post-processing of the films.

The company wants such integrated production in China given the growing might of rival Chinese makers as well as moves by major customers such as South Korea's Samsung Electronics to boost production of LCD panels in China.

The advance of Taiwanese and South Korean producers into the field has made the market for LCD polarizers extremely price competitive. Nitto Denko intends to focus in China on producing ultrathin polarizers for high-end televisions and smartphones , which can demand higher prices and are more profitable.

http://asia.nikkei.com/Business/Companies/Nitto-Denko-plans-LCD-polarizer-production-in-China