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LCD) panels. Flat screens incorporating LCD panels are rapidly substituting for conventional screens based on cathode ray tubes (CRTs) both for televisions and for computerlinked screens. The global usage of LCD panels has been rising at more than 25% per annum in recent years and this pace of growth will be sustained into the medium-term. Taiwan is home to a number of multinational suppliers of consumer electronic and business electronic devices. Consumption of LCD materials in Taiwan is booming right now and by 2006 it is expected to reach up to treble the 2004 level.
JSR's main manufacturing base for LCD materials is at Yokkaichi (Japan). Also in Japan, the company's whollyowned subsidiary, JSR Micro Kyushu, runs a smaller plant for making LCD materials at Saga. Another whollyowned subsidiary, JSR Micro Korea, was recently established in the region of Chingcheongbuk-Do (South Korea).
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