Acquisition of QD Vision gives company pipeline into materials market.
David Savastano, Editor12.07.16
The battle for the dominant technology for the TV market has been fought for years with liquid crystal display (LCD) leading the way. In recent years, organic light emitting diode (OLED) TVs, led by LG, have made inroads, and Samsung was expected to be part of that movement.
However, Samsung has shifted toward quantum dots (QD), another promising display technology, and its QLED (quantum dot light emitting diode) approach is promising. According to Sam Mobile, Samsung recently confirmed that it acquired QD Vision, a QD materials company headquartered in Lexington, MA. Founded in 2004 by Massachusetts Institute of Technology (MIT) researchers, QD Vision reported that it has sold more than one million Color IQ optics in the last three years. Details on the transaction were not available.
The market for QD televisions is a large one, and is growing fast, according to analysts. Dr. Tony Sun of Lux Research Inc. placed the market at $500 million in 2015, growing 60% CAGR t
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