Fuji and SVA heavily LCD color sensor company building

Japan Fuji film and Chinese Shanghai radio electronic Limited by Share Ltd will jointly invest $270 million to set up LCD color filter sensor.

The joint venture will be widely used in notebook computers, LCD monitors and televisions.

It is reported that the joint venture capital will reach $100 million, of which 25% shares, Fuji, SVA with the rest of the shares.

The new company aims to meet the needs of the growth of China's flat-panel TV market demand. The color filter sensor company will be mainly to a company with Japan SVA NEC delivery form.

Electric companies are now increasingly inclined to produce their own color filters, rather than to the major suppliers of the market, the Japanese printing company and the Japanese printing company.

It is reported that the joint venture will start production in 2007 from November, when the monthly output is expected to reach 70 thousand, the number of employees reached 500.

As the traditional film profits continue to decline, Fuji Photo Film Co is trying to diversify the business, the company is investing in new business areas, such as print cartridges, LCD materials, etc..

In order to help the smooth production of the new company, Fuji will invest $34 million 400 thousand to set up a research and development center in china.