Nanosys announces patent deal with Samsung
Multi-year agreement covers broad range of quantum dot patents
Nanosys, the Milpitas, California-based quantum dot maker, has announced that it has entered into a multi-year patent license agreement with Samsung Electronics.
Under the agreement, Samsung will gain access to Nanosys' quantum dot patents covering a broad range of lighting and display products and technologies, including cadmium free quantum dots.
Samsung first partnered with Nanosys four years ago to develop a new generation of quantum dot technology, which enables displays to deliver brighter, more lifelike colors while using less power. Samsung now introduces new era of TV using Quantum Dot technology.
"As the world's most efficient light emitting technology, Quantum Dots are poised to change the way we see displays," said Jason Hartlove, president and CEO, Nanosys, Inc. "We are extremely pleased to continue our strong relationship with Samsung, to support them with new technologies as they continue to develop and introduce exciting Quantum Dot display products to the marketplace."
"Quantum dots could improve LCDs dramatically in terms of colour gamut, colour accuracy and reducing power consumption. This is one of the biggest breakthrough technologies for LCD in the last several years." said Jennifer Colegrove, CEO and Principal Analyst, Touch Display Research. "We forecast the quantum dot display and lighting component market will reach $9.6 billion by 2023."