November 2, 2004 – Fuji Photo Film Co. said Monday it plans to spend over 100 billion yen ($US935 million) to build a new plant for a key component of LCD panels in southern Japan, according to Jiji Press Ltd.
The plant to make protection films for LCD polarizing sheets will be constructed on a 262,000 sq.m. site in Kikuyo Town, Kumamoto Prefecture, and is expected to start operations in late 2006, the company said.
The firm plans to expand the plant in stages to eventually raise its annual production volume to 300 million square meters, company officials said. At present, Fuji Photo Film makes the LCD component at two plants, both of which are operating at full throttle to meet surging demand.
Through the construction of the new plant, the company hopes to expand its global market share for protection films for LCD polarizing sheets further from the current level of about 80%, the officials said.