Quantum Materials to quadruple quantum dot production facility
The company is also recruiting to double its scientific staff effective January 2015.
"It is extremely gratifying that our work is meeting with industry acceptance from some of the most technologically advanced companies in the world," said Quantum
Materials Founder and CEO Stephen Squires. "Our expansion demonstrates our commitment to meet the demands of next-generation television and display, solid-state lighting and solar energy manufacturers. We will be bringing to San Marcos top scientists and chemists to develop non-heavy metal tetrapod quantum dots and thick-shell technology to optimize them for each client’s purpose and to their true commercial potential.”
Samsung and LG Display are looking at using quantum dots to create the next-generation Ultra High Definition televisions rather than Organic Light Emitting Diodes (OLED). Estimates suggest that a 55-inch quantum dot TV would cost consumers about 35 percent more than a current LCD TV, while an OLED TV could be five times more expensive. Quantum Materials’ patented and automated process for quantum dot manufacture can further reduce manufacturer’s costs through economies of scale.
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