Translation of Samsung Acquisition of QD Vision
Post# of 22465
Posted On: 11/21/2016 12:10:01 PM
Samsung Electronics to acquire Quantum Dot 'QD Vision' at 83 billion won.
Selected as a preferred negotiator ... Quantum dot LED development acceleration.
Samsung Electronics will acquire the QD vision of quantum dot material company in the US for 70 million dollars (about 83 billion won). In order to secure competitiveness of premium TV technology using Quantum dot (QD) film. It will speed up the development of Quantum dot LED (QLED) which is researching and developing (R & D) with next generation display. Chinese companies also participated in the bid for QD Vision, and the battle for dominance between Korea and China over the technology of Quantum Dot began in earnest.
According to industry sources on May 21, Samsung Electronics has recently been selected as the preferred bidder for the QD Vision acquisition. The proposed acquisition price of Samsung Electronics is $ 70 million. We are currently negotiating detailed acquisition conditions. The industry expects to reach a final takeover by no later than the next week.
Samsung Electronics has introduced a quantum dot light emitting diode (QLED) instead of an organic light emitting diode (OLED) as a next-generation display technology. Samsung Advanced Institute of Technology is developing quantum dot material and QLED technology.
For the first time in the world, Samsung has applied quantum dot technology to displays. Quantum dot is produced in film form, and mass production of premium SUHD TV with enhanced color reproduction ability. Quantum dot can be applied not only to displays but also to solar cells and biosensing.
QD Vision is a high-tech enterprise specialized in Cadmium Quantum dot technology. Recently, non-cadmium-based research has also started. It was founded by a researcher from MIT. In 2006, it applied quantum dots to LEDs. We have supplied Quantum Dot Film to TCL in China, and worked with Sony on the development of Quantum dot TV in 2013. We also signed a technology development agreement with LG Display in 2010 for Quantum Dot.
Selected as a preferred negotiator ... Quantum dot LED development acceleration.
Samsung Electronics will acquire the QD vision of quantum dot material company in the US for 70 million dollars (about 83 billion won). In order to secure competitiveness of premium TV technology using Quantum dot (QD) film. It will speed up the development of Quantum dot LED (QLED) which is researching and developing (R & D) with next generation display. Chinese companies also participated in the bid for QD Vision, and the battle for dominance between Korea and China over the technology of Quantum Dot began in earnest.
According to industry sources on May 21, Samsung Electronics has recently been selected as the preferred bidder for the QD Vision acquisition. The proposed acquisition price of Samsung Electronics is $ 70 million. We are currently negotiating detailed acquisition conditions. The industry expects to reach a final takeover by no later than the next week.
Samsung Electronics has introduced a quantum dot light emitting diode (QLED) instead of an organic light emitting diode (OLED) as a next-generation display technology. Samsung Advanced Institute of Technology is developing quantum dot material and QLED technology.
For the first time in the world, Samsung has applied quantum dot technology to displays. Quantum dot is produced in film form, and mass production of premium SUHD TV with enhanced color reproduction ability. Quantum dot can be applied not only to displays but also to solar cells and biosensing.
QD Vision is a high-tech enterprise specialized in Cadmium Quantum dot technology. Recently, non-cadmium-based research has also started. It was founded by a researcher from MIT. In 2006, it applied quantum dots to LEDs. We have supplied Quantum Dot Film to TCL in China, and worked with Sony on the development of Quantum dot TV in 2013. We also signed a technology development agreement with LG Display in 2010 for Quantum Dot.
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