Korean energy solutions and electronic materials giant plans to invest 200 billion won (around US $ 165 million) to build a new polarizers film plant in China.
Seoul/South Korea; Wuxi/PR China – The new polarizer film plant shall help to secure the key production base for big-screen TVs in China, in addition to Korean plants. Samsung SDI CEO Namseong Cho and Party Secretary Li Xiaomin signed a memorandum of understanding on the construction of a polarizer film production line in the city of Wuxi, Jiangsu Province, on May 25.
Polarizing films, attached to LCD panels, control brightness, contrast and other optical features by either blocking or letting pass light coming from the Back Light Unit. Polarizers are used in a wide range of display devices such as laptop computers, tablet PC and smartphones.
Under the MOU, Samsung SDI plans to invest around 200 billion won (around US $ 165 million) to build a polarizer production in the Wuxi Industrial District with the annual capacity of 30~40 million square meter of film. The mass production will start in November 2016.