Nanosys, Inc. today
announced that it has signed a definitive commercial agreement with cutting
edge electronics component manufacturer LG Innotek (LGIT). The agreement, involving
Nanosys' quantum dot phosphors for use in displays, represents the first
real world commercial application of quantum dots in electronics.
Use of Nanosys' architected quantum dots enables LGIT to be the first
company in the world to provide ultra high color gamut displays to its customers
such as LG Group and others. The agreement secures sales of Nanosys' process
ready components into the display market for many years.
"Our Quantum Rail device takes quantum dots out of the lab and
delivers them as process ready components for customers such as LGIT"
said Jason Hartlove, CEO of Nanosys. "With a reputation for quick implementation,
LGIT is the perfect commercial partner." "Nanosys' Quantum
Rail technology is a solution ready for integration into backlight sub-assemblies
without major tooling changes, making it our first choice for our next generation
high color gamut displays ," said Charlie (Cheol-Kee) Hong, LG Innotek
VP and Head of R&D Center.