Fuji Photo Film Co. said Monday it plans to invest more than 100 billion yen to build a factory in Kumamoto Prefecture to manufacture parts for liquid crystal display panels.

The company will start building the factory to produce polarizing sheet film, a core part of LCDs, in the town of Kikuyo possibly next spring.

The factory, to be built on a 262,000-sq.-meter site, is expected to become operational in late 2006 with several hundred new employees, Fuji Photo officials said.

It will eventually have six production lines by 2010.

Fuji Photo holds about an 80 percent share in the world market in the production of light-controlling polarizing sheet film, which is needed to produce LCDs for televisions, computers and mobile phones.

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