Nanoco Group Plc (LON:NANON) has announced via RNS Reach a collaboration and joint development agreement with Kyulux to co-develop next generation display technologies. The aim of the collaboration is to combine Nanoco’s cadmium free quantum dots with Kyulux’s next generation OLED technology. The goal is to create supercharged hybrid OLED/Quantum dot devices able to emit greater amounts of light, which are required for the future generation of QLED/OLED televisions.
It takes time before such devices go on sale, but as we highlighted in our recent initiation, as the quantum dot display market develops it will become increasingly important that Nanoco demonstrates that it is well placed to supply into next generation display technology. Kyulux looks like a credible partner in this regard. The company was founded in 2015 to develop next generation materials for OLED displays and lighting. The company owns or has exclusive or co-exclusive rights to a large intellectual property portfolio covering TADF (Thermally Activated Delayed Fluorescence), a next generation OLED technology developed over the past seven years at Japanese Kyushu University and its industrial partners. According to Crunchbase, the company raised $15m in Series A funding and investors include Samsung (KS:005930) Display, Japan Display Inc (T:6740) and LG Display Co Ltd (NYSE:LPL).
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