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Fujifilm, SVA JV company to make color filters for TFT LCDs

Posted: 04 Sep 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Fuji Photo Film? SVA Electron? SVA-Fujifilm Opto-Electronic Materials? TFT LCD? joint venture?

Fuji Photo Film Co. Ltd and SVA Electron Co. Ltd have signed an agreement wherein the two companies will establish a joint venture (JV) company to be called SVA-Fujifilm Opto-Electronic Materials Co. Ltd.

The JV company will manufacture color filters for TFT liquid crystal displays, and will supply large-size color filters used in laptops, monitors and large screen TVs to the rapidly growing Chinese LCD market.

The new company will be capitalized at $100 million at an investment rate of 75 percent for SVA and 25 percent for Fujifilm. The total capital investment is expected to be around $270 million.

Scheduled to begin in November 2007, SVA-Fujifilm's production line will use 5th generation glass substrate (1,100-by-1,300mm). Once mass production starts, the company will approximately have 500 employees.

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