UPDATE: Today, Samsung has confirmed that they will be acquiring QD Vision. The head of Samsung’s R&D unit Jung Chil-hee confirmed the acquisition at the Samsung Group’s weekly executive meeting.
It hasn’t been announced what the cost of the investment is, but reports have already suggested the deal is around $70 million, which is a reasonable amount for companies like Samsung. Samsung will take over all of QD Vision’s assets after the deal, which means they are purchasing fixed assets including buildings, land, and machinery, rather than controlling the existing business.
Samsung’s R&D unit will most likely have QD Vision’s assets incorporated in it, which includes researching development into QD display technology as well as other things. We expect that Samsung will release an official statement next week about the deal.
Samsung Electronics is currently in the process of bidding for QD Vision according to industry sources. QD Vision is an American company that specializes in quantum dot materials. A purchase like this would indicate an increase in commitment to quantum dot displays and might make them change direction from their current AMOLED displays.
Samsung is allegedly looking to pay around $70 million for the company, and the company is currently discussing buyout conditions with QD Vision. The two technology companies might come to an agreement as early as next week if the plan is successful.
QD Vision has already supplied quantum dot displays to China’s TCL and also developing quantum dot televisions with Sony back in 2013. Back in 2010, QD Vision and LG have also created an agreement regarding quantum dot technology. QD technology isn’t a new concept for Samsung. They were the first to mass-produce quantum dot materials for displays, and they currently use the technology in their premium SUHD TV selection. They have recently expanded the quantum dot technology to their gaming monitors as well, with a response time of 1ms, curved QD CFG70 monitor series.
Smartphone users will most likely know how great Samsung’s AMOLED displays are inside their flagship devices and this will continue even in the mobile market. Nonetheless, quantum dot is an evolution of less expensive LCD technology, and it aims to vastly improve the color gamut of LCD panels as well as increase a display’s peak brightness. To make the most of the recently introduced HDR content and 10-bit color, this is especially important. Development in quantum dot technology is now competing against OLED. There is still some positives and negatives to both QD and OLED as regards to viewing angles, power efficiency, and longevity, but the lower price point on QD and its capabilities, make it a very promising technology.
The expertise QD Vision has and their research into non-cadmium QD materials is what Samsung is most likely interested in, to accompany their own research happening at Samsung’s Advanced Institute of Technology. While quantum dots are up-and-coming in the TV market, QD can also be used in solar batteries and bio sensing applications.
Samsung’s matured AMOLED production arrangement for virtual reality and other small products are positive. Although, it’s expected that quantum dot technology is going to be less expensive to take it to mobile devices very soon, and its lower power consumption for LCD brightness could be a benefit for mid-range smartphones, where the capacity is finite.