A liquid crystal layer is composed of a liquid crystal composition having a
positive dielectric anisotropy, and the liquid crystal composition is
sandwiched by a pair of transparent substrates while being twisted by 220
to 260 degrees. Also, in a liquid crystal display device having an optical
compensating plate and a polarizer respectively formed above and below a
liquid crystal cell, a transflector is formed on the inner surface of the
transparent substrate of the liquid crystal cell, the transflector has a
high-reflectivity film having a plurality of fine apertures therein, and
the high-reflectivity film has a diffuse reflection surface, on the
surface thereof, having a controlled reflected luminance characteristic.