Nanoco Group (Manchester, England; LSE: NANO), which makes cadmium-free quantum dots (CFQDs) and other nanomaterials, and Kyulux (Concord, MA), a producer of organic light emitting diode (OLED) technology, will jointly develop displays that combine the technical specialties of both the companies.
Under the agreement, Nanoco's CFQDs) will be combined with Kyulux's hyperfluorescent thermally activated delayed-fluorescence (TADF) technology to create future-generation hybrid OLED/QLED displays; the combination of technologies is said to offer a high degree of brightness and pure color, as well as high energy efficiency and low cost.
"[T]his partnership complements our existing strategy to deliver cutting-edge technology to the display market without increasing our cash burn," says Nanoco's CEO, Michael Edelman.
"This will offer a technology breakthrough, particularly in the manufacture of ultra-high-definition large-screen devices," says Christopher Savoie, CEO of Kyulux.