Fujifilm Establishes JV with SVA Electron (China) to Manufacture Color Filters, TFT LCDs in Shanghai.Tokyo, Japan, Aug 26, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - Fuji Photo Film and major Chinese home appliance and electronic components company SVA SVA School of Visual Arts SVA Severe (Thunderstorm) Advisory SVA Statens Veterinärmedicinska Anstalt (National Veterinary Institute, Sweden) SVA Shareholder Value Added Electron Co., Ltd. anounced plans on August 22 to establish a JV called SVA-Fujifilm Opto-Electronic Materials Co., Ltd. to manufacture color filters Color filter An optical element that partially absorbs incident radiation, often called an absorption filter. The absorption is selective with respect to wavelength, or color, limiting the colors that are transmitted by limiting those that are absorbed. (CFs) for TFT (Thin Film Transistor) The term typically refers to active matrix screens on laptop computers. Active matrix LCD provides a sharper screen display and broader viewing angle than does passive matrix. See LCD and thin film. TFT - Thin Film transistor liquid crystal displays liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. in Shanghai. SVA-Fujifilm will be the first company in China to manufacture CF for large-size TFT LCDs (Thin Film Transistor LCD) See LCD. . The new company will supply large-size CFs used in laptops, monitors, and large screen TVs for the rapidly growing Chinese LCD market, mainly through SVA-NEC, a member of the SVA group, The new company will be capitalized at US$ 100 million at an investment rate of 75% for SVA and 25% for Fujifilm. The total capital investment is expected to be US$ 270 million. The production line will use 5th generation glass substrate (1,100 x 1,300 mm), and production capacity based on glass substrate used is expected to be 70,000 units per month. Production is scheduled to begin in November 2007. When production begins on a mass scale, the company will have employed approximately 500 workers. In addition, Fujifilm will invest approximately 4 billion yen to establish a new R&D Division within Fuji Photo Film China Investment Co., Ltd., its subsidiary in China. The new R&D Division will conduct research on new products and LCD-related technology focusing primarily on CF. It will contribute to the development of LCD technology in China and will hasten the start-up of mass production in the new company. Fujifilm has positioned production of materials for LCDs and other flat panel displays A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time as a core business and will sustain its investment in R&D and enhanced production capacity. The SVA group is a leading Chinese company in the fields of telecommunications equipment, home appliances, displays, and electronic components. With the partnership, Fujifilm said it will apply its resources to expand its share of the Chinese flat panel display materials market. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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