Jan 12 2015
The Dow Chemical Company is pleased to announce it is partnering with LG Electronics (LG) to provide cadmium-free quantum dot technology for LGs new Ultra HD TV with quantum dots unveiled Tuesday at the 2015 Consumer Electronics Show (CES).
Dow’s quantum dot technology, licensed from Nanoco Group plc (Nanoco), enables brilliant color in displays and, equally important, allows LG to plan their quantum dot requirements with the confidence of reliable, consistent supply from Dow.
In-kyu Lee, senior vice president and head of the TV and monitor division at LG Electronics Home Entertainment Company, said, “Through our partnership with Dow, we can go forward knowing we have the strength of Dow’s large-scale cadmium-free quantum dot manufacturing facility and the expertise of Dow beside us.” He added, “Dow’s quantum dot technology takes LGs latest LCD TVs to a new level of picture quality, and further establishes LG as a leading provider of the most diverse and innovative TV display technologies in the industry.”
“We look forward to our continued collaboration with LG as they bring their new quantum dot TV to the consumer marketplace,” said Dominic Yang, president of Dow’s Electronic Materials’ business. “Aligned to our market-driven strategy, this collaboration is a strong example of Dow continuing to meet the needs of the market and consumer demands. It is indeed a pleasure to support our customers in the development of extraordinary display applications.”
On January 23, 2013, Dow Electronic Materials and Nanoco entered into a global licensing agreement for Nanoco’s cadmium-free quantum dot technology. Under the terms of the agreement, Dow Electronic Materials has exclusive worldwide rights for the sale, marketing and manufacture of Nanoco’s cadmium-free quantum dots for use in electronic displays. The manufacturing process will utilize Nanoco’s patented, molecular-seeding technology, which enables high-volume manufacturing.
“Nanoco’s quantum dot technology has been years in the making, and going cadmium-free was the right choice from day one,” said Michael Edelman, Nanoco’s chief executive officer. “Dow is the right partner for us and for the industry’s display makers, and we are proud to know that LG will bring our technology to market in its new Ultra HD TVs.”