He Zhaoyang, Chairman of Chi Mei Materials Technology Co., Ltd. in Taiwan, recently announced that the company is planning to construct a new 2500 mm polarizer production line in Kunshan, Jiangsu Province, starting in early November. Over the next five years, two additional production lines are expected to be built on the Chinese mainland, with the second one located in Central China.
As the world's fifth-largest supplier of polarizers, Chi Mei Materials holds a 7% market share and is actively working to expand its presence. To meet rising demand, the company has partnered with Nitto Denko to build three 2500 mm polarizer production lines. These expansions are aimed at supporting the growing needs of the global display industry.
The company is set to purchase the first batch of equipment for the 2500 mm production line and expects to begin operations by the end of 2017. Full-scale production is anticipated in the first or second quarter of 2018, aligning with the mass production of the new 10.5-generation LCD panel factories in mainland China.
Mr. He explained that the 10.5-generation panel factory is designed to produce large-sized LCD panels, including 43-, 65-, and 75-inch models. These panels can be directly cut on the 2500 mm polarizer production line, making it more efficient and cost-effective. The second production line will be strategically placed in Central China, close to customers using the 10.5-generation line.
Additionally, Mr. He revealed that once all three 2500 mm polarizer lines are operational within five years, the total annual production capacity will reach 90 million square meters. Combined with the existing 1490 mm polarizer line in Kunshan, which produces 10 million square meters annually, the total capacity will reach 100 million square meters. This is expected to account for 20% of the Chinese market’s projected demand of 500 million square meters over the next five years.
This strategic expansion highlights Chi Mei Materials' commitment to strengthening its position in the global polarizer market while capitalizing on the rapid growth of the LCD industry in China.
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