Sumitomo Chemical is transferring its Chinese LCD polarizer business to a local Chinese manufacturer to focus on high-performance sectors like OLEDs and automotive applications. As a result, this transfer will further increase China’s dominance in global polarizer production.
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Display Dynamics – January 2025: Sumitomo Chemical is strategically transferring its polarizer business in China
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Display Dynamics – December 2024: A new phase in the polarizer market with concerns over supply shortages
Analyst Opinion / 31 Dec 2024 / Irene Heo
Polarizer supply has been reduced significantly by the restructuring of polarizer lines and delays in new investments. The updated forecast shows the polarizer glut shifting from oversupply to tightness, with just a 5% glut in 4Q24.
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The Analyst Team
Irene Heo
Follow AnalystPrincipal Analyst, Display Optical Film & Driver IC
Irene is Omdia’s Principal Analyst for display materials and components research, focusing on optical films for displays. She provides insights by covering various optical film industries and delivering market forecasts based on the panel and set markets, supply/demand and technology dynamics, pricing and cost modeling, and makers’ strategies.
In 2011, Irene joined Omdia (formerly IHS Markit) and has been following display components and optical films trends for many years.
Previously, she worked at Displaybank and paved the way for research activity in the display component area as a member of the first component research team. Before joining Displaybank, she worked at Dongjin Semichem, a leading electrical material company in the display and semiconductor field, as a researcher in the liquid crystal synthesis division.
She is a graduate of Konkuk University in Korea, where she earned a bachelor’s degree in chemistry and a master’s degree in organic chemistry.
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