Provided is a liquid crystal composition satisfying at least one or having suitable balance regarding at least two of characteristics such as high maximum or low minimum temperature of a nematic phase, large optical anisotropy, large positive dielectric anisotropy and high stability to ultraviolet light, and a liquid crystal display device including such a composition, particularly an encapsulated liquid crystal display device, and a liquid crystal display device serving as a constituent of 3D lenses. The liquid crystal composition contains a specific compound having large optical anisotropy as a first component, and a specific compound having large optical anisotropy and large positive dielectric anisotropy as a second component; a specific compound having large positive dielectric anisotropy as a third component; and a specific compound having large optical anisotropy and further having high maximum or low minimum temperature as a fourth component, and the liquid crystal display device includes the composition.

The liquid crystal light modulator includes a first substrate (10) and a second substrate (20) disposed between two polarizers, and a pair of electrode structures (24, 24). The substrates include homeotropic alignment films (12) and (22), and at least one of the substrates has a function of aligning C-directors of liquid crystal molecules along one direction. The one direction forms an azimuth angle in the range of 35 to 55 degrees with the direction of the electric field generated by the pair of electrode structures (24, 24). A liquid crystal composition layer (31) contains a ferroelectric liquid crystal composition having a chiral smectic C phase or a liquid crystal composition that has an achiral smectic C phase and negative dielectric anisotropy. Light transmittance is modulated by the electric field generated by the electrode structures (24, 24) changing the birefringence index of the liquid crystal composition layer (31).

Provided is a liquid crystal composition satisfying at least one or having suitable balance regarding at least two of characteristics such as high maximum or low minimum temperature of a nematic phase, large optical anisotropy, large positive dielectric anisotropy and high stability to ultraviolet light, and a liquid crystal display device including such a composition, particularly an encapsulated liquid crystal display device, and a liquid crystal display device serving as a constituent of 3D lenses. The liquid crystal composition contains a specific compound having large optical anisotropy as a first component, and a specific compound having large optical anisotropy and large positive dielectric anisotropy as a second component; a specific compound having large positive dielectric anisotropy as a third component; and a specific compound having large optical anisotropy and further having high maximum or low minimum temperature as a fourth component, and the liquid crystal display device includes the composition.