Nitto's First Front End Manufacturing Facility for Polarizing Film in China
Large-scale Investment in Manufacturing Facility for Ultra-Thin Polarizer in Shenzen, China
Nitto Denko Corporation (Headquarters: Osaka; President, CEO & COO: Hideo Takasaki; hereafter “Nitto”) has begun preparations for the construction of a front end manufacturing facility for its Ultra-Thin Polarizer at its subsidiary, Shenzhen Nitto Optical Co. Ltd., located in Shenzhen, China. This facility will allow Nitto to be closer to its customers, and respond to changes in the display business with increased speed and flexibility. Nitto hopes to share the value of its Ultra-Thin Polarizer with a wider range of customers in China.
In the Chinese market, mass production of components such as TV panels has increased year over year. In order to respond to this constantly growing market, a new production line for the ultra-thin polarizer will be installed at Nitto Optical, which is already in operation in Shenzhen.
Over the years, displays have grown increasingly thinner. In order to manufacture even slimmer and more flexible displays, thin polarizing films with good shrinkage properties are required. Nitto’s revolutionary Ultra-Thin Polarizers are thinner and have better shrinkage properties than existing products, and can help customers resolve production issues.
In recognition of their advanced technology, Nitto Ultra-Thin Polarizers received the “Display Component of the Year” award at the Society for Information Display’s (SID) “Display Industry Awards 2016” in the U.S. By beginning mass production of its technologically advanced products in China, Nitto will be able to quickly respond to the growing needs of local customers.
Investment Amount: Approximately 13 billion yen
Investment Type: Front End Manufacturing Facility for Nitto Ultra-Thin Polarizers
Location: Shenzhen Nitto Optical Co. Ltd.
Produced Items: Nitto Ultra-Thin Polarizers
Start of Construction: Upon approval
Target period for mass production: Fiscal Year 2018
Going forward, Nitto intends to continue realizing its brand slogan, “Innovation for Customers,” and is dedicated to maximizing corporate value.