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Himanshu_Gupta
I think South Korea is the new Japan as far as tech companies are concerned. I ...
Baolt
Mr. Choi is the man of his vision, he shaped a home electronics producer company ...
Samsung invests in quantum dot firm
Mark LaPedus
8/10/2010 11:43 AM EDT
SAN JOSE, Calif. - South Korea's Samsung Electronics Co. Ltd. has invested $15 million in materials specialist Nanosys Inc.
Nanosys (Palo Alto, Calif.) and Samsung also announced a strategic alliance and licensing arrangement to accelerate the development of commercial applications of materials for the electronics and thin-film solar markets.
With this arrangement, Samsung and Nanosys will work together to create a new generation of products in the fields of solar, LED, memory, semiconductor, and display.
Samsung’s equity investment will come from Samsung Venture Investment Corp., with at least an additional $10 million in total from previous venture capital investors including Arch Venture Partners, El Dorado Ventures, Polaris Venture Capital and Venrock.
Nanosys devises LED backlighting technology, dubbed QuantumRail. Based on quantum dot technology, Nanosys' QuantumRail ''improves color gamut, saturation and brightness from blue LED sources while delivering higher efficiency at lower cost than alternatives like OLED.''
Nanosys also makes the so-called SiNANOde additive. Architected from a silicon composite, the technology mitigates the problems historically associated with using silicon in lithium ion battery anodes.
Earlier this year, Nanosys signed a definitive commercial agreement with LG Innotek (LGIT). The agreement involved Nanosys' quantum dot phosphors for use in displays.
Nanosys (Palo Alto, Calif.) and Samsung also announced a strategic alliance and licensing arrangement to accelerate the development of commercial applications of materials for the electronics and thin-film solar markets.
With this arrangement, Samsung and Nanosys will work together to create a new generation of products in the fields of solar, LED, memory, semiconductor, and display.
Samsung’s equity investment will come from Samsung Venture Investment Corp., with at least an additional $10 million in total from previous venture capital investors including Arch Venture Partners, El Dorado Ventures, Polaris Venture Capital and Venrock.
Nanosys devises LED backlighting technology, dubbed QuantumRail. Based on quantum dot technology, Nanosys' QuantumRail ''improves color gamut, saturation and brightness from blue LED sources while delivering higher efficiency at lower cost than alternatives like OLED.''
Nanosys also makes the so-called SiNANOde additive. Architected from a silicon composite, the technology mitigates the problems historically associated with using silicon in lithium ion battery anodes.
Earlier this year, Nanosys signed a definitive commercial agreement with LG Innotek (LGIT). The agreement involved Nanosys' quantum dot phosphors for use in displays.
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Baolt
8/10/2010 3:50 PM EDT
Mr. Choi is the man of his vision, he shaped a home electronics producer company to a ww giant. With his latest plan to invest billions of $s in green tech, i assume this investment they already started to move on. As a giant panel producer samsung would like to keep its global position in all costs. Their OLED is very promising however costy, other oems would like to have alternatives with help of nanosys samsung will have this choice on hand too.
In addition to this its really amazing to see how 2 rival company can work cooperatively if the case if common troubles, i admired always to Japanese cos, now flag carrier is Koreans.
Good job fellows, keep on working hard to shape future tech, besides i really wish Mr. Choi will keep his sentence and we wont see an acquisition addicted
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Himanshu_Gupta
8/10/2010 4:54 PM EDT
I think South Korea is the new Japan as far as tech companies are concerned. I was reading some reviews of the new smartphones yesterday and i was amazed to see all top smartphones from Samsung. It is very smart move by Samsung to make strategic investment in the firms, which are developing future technology. They are already leaders in memory, display and they vow to remain competitive in the rest of the consumer products.
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