| CPC G02F 1/133528 (2013.01) [G02B 5/3016 (2013.01); G02B 5/305 (2013.01); G02B 5/3083 (2013.01); G02F 1/133502 (2013.01); G02F 1/13363 (2013.01); G02F 1/13396 (2021.01)] | 16 Claims |

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1. A variable transmittance optical stack comprising:
polarizing plates stacked on both surfaces thereof with a liquid crystal layer driven in response to an electric field and located therebetween,
wherein each of the polarizing plates comprises a polarizer and a protective layer formed on at least one surface of the polarizer,
wherein a transparent conductive layer is formed by directly contacting with each of the polarizing plates,
wherein the transparent conductive layer is formed by directly contacting with each of the polarizing plates without a separate substrate between each of the polarizing plates and the transparent conductive layer,
wherein the variable transmittance optical stack further comprises a refractive index-matching layer between each of the polarizing plates and the transparent conductive layer,
wherein the refractive index-matching layer has a refractive index ranging from 1.4 to 2.6, and
wherein a total light transmittance of the optical stack changes in response to application of voltage.
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