Accelerating Response to Rapid Growth in LCD Global Demand
FUJIFILM to Build a New Factory to Produce WV Film, a Viewing Angle Widening Film for LCDs
Investing 6.5 billion yen in FUJIFILM Opto Materials to enhance production capacity

February 21, 2008

  FUJIFILM Corporation (President and CEO: Shigetaka Komori: hereafter “Fujifilm”) will invest 6.5 billion yen to construct a new WV Film factory within FUJIFILM Opto Materials Co., Ltd. which is one of the main production centers for flat panel display materials. WV Film*1 is a film that widens the viewing angles of liquid crystal displays(LCDs.) Construction of the new factory will begin at the end of this month and is scheduled to begin operations in April 2009 as the 9th factory for WV Film.

  Currently, the global demand for liquid crystal displays are soaring with the rapid spread of LCD TVs in Japan, US and Europe, in addition to the strong rise in demand for LCDs for PC monitors. In addition, LCDs are increasing in size, and high growth is expected to continue with panel shipment area projected to grow at an annual rate of about 20%.

  WV Film is characterized by its ability to significantly expand the viewing angles at low costs and has established its position as the de facto standard for film for expanding viewing angles for LCDs. With the recent dramatic expansion of LCDs, the demand for WV Film is rapidly increasing. A new factory will be constructed to enhance production capability in order to meet the significant rise in demand in the future. To respond to further expanding demand, efforts will be made to begin operation of the new factory earlier than in the initial plan.

  Fujifilm’s Flat Panel Display Materials Business will expand its business through its unique products which feature Fujifilm’s proprietary technology such as: FUJITAC*2, indispensable to LCD polarizers; WV Film, effective for broadening viewing angles; CV Film*3 which has strong antireflective effects for panel surfaces; and color filter materials, Transer*4 and Color Mosaic*5.

  Fujifilm will continue to aggressively pursue research and development of new technologies, contribute to stable supply of flat panel display materials, and fulfill its role as a leading company in flat panel display materials to contribute to the advancement of industry.

*1  WV Film: A film that significantly widens the viewing angles of LCDs. It is a product unique to Fujifilm.
*2  FUJITAC: Made from cellulose triacetate (TAC), FUJITAC has superior optical qualities and is used as a protective film for polarizers used in LCDs.
*3  CV Film: An antireflective film for LCD panel surfaces. Its characteristics include low reflectivity, high precision, and high resistance to dust and dirt.
*4  Transer: A film used to produce color filters for LCDs. A color LCD panel is created by transferring red, green, blue, and black color layers from this film to the glass board using the dry lamination technique. It is optimal to use when manufacturing large LCD panels.
*5  Color Mosaic: Color resists for LCD color filters. It is suitable for every type of LCD including transparent, trans-flective, and reflective. The wide range of functional materials includes primary colors, complementary colors, and photo spacers to control LC cell gaps.

Overview of the 9th factory of WV Film (new factory)
In FUJIFILM Opto Materials Co., Ltd.
Yoshida-cho, Haibara-gun, Shizuoka
Investment: 6.5 billion yen Start of operations: Scheduled to begin in April 2009
Building area: approx. 2,400 ㎡ Total floor area: approx. 6,900 ㎡

WV Film Supply Capacity
5. Principal advantages
  Supply capacity (annual) Total
  Factory No. 2 to 8 Announced this time
Factory No. 9
 As of February 2008 90 million ㎡ 90 million ㎡
 April 2009 90 million ㎡ 25 million ㎡ 115 million ㎡

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FUJIFILM Corporation
Corporate Public Relations Division
TEL: 81-3-6271-2000

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