TOKYO (July 5, 10:35 a.m. ET) — Teijin Chemicals Ltd. is adding what it says is sophisticated optical film manufacturing capability at its factory in Matsuyama, Japan, targeting applications in consumer electronics, tablet computers and automobiles.
The company said in a July 4 release that the investment would give it the annual capacity to make one million square meters of plastic film, including from polycarbonate and acrylic. Production is expected to start in August.
The Tokyo-based company said the factory will produce optical films with “unprecedentedly” smooth surfaces, including conductive films for touch panels and films on automobile panels that save weight or reduce environmental impact by eliminating the need for painting or plating.
The company also said the investment would help the speed of larger, higher-definition displays for smart phones, flat-panel screens and other devices.