Investment more than doubles commercial production capacity for
Nanosys' Quantum Dots to greater than 50 tons annually
Expansion serves the growing global demand in the display
industry for the highest performance Heavy Metal Free Quantum Dots
at the most competitive price in the world
MILPITAS, California,
July 23, 2019 /PRNewswire/
-- Nanosys announced the completion of a multi-million-dollar
investment in the company's Silicon Valley manufacturing facility.
The investment more than doubles the commercial production capacity
for Nanosys proprietary Quantum Dot materials.
Nanosys is the leading supplier of Quantum Dot materials and
technology. Quantum Dots are a key component of the Ultra High
Definition (UHD) display revolution, enabling a new generation of
displays to deliver vivid color, lifelike brightness and incredible
power efficiency at a fraction of the cost of competing light
emitting technologies.
The expansion increases the production capabilities at Nanosys'
60,000 square foot Milpitas, CA
plant to more than 50 tons per year of Quantum Dot materials. The
additional production capacity will help meet the growing demand
for next-generation Heavy Metal Free Quantum Dot displays for
televisions, monitors and tablets. Fully audited and qualified by
Nanosys major consumer electronics customers in 2018, the facility
is currently producing Quantum Dots at mass production levels to
meet the needs of customers for display products on retail shelves
now.
"The adoption of Quantum Dot displays continues to grow," said
Jason Hartlove, CEO of Nanosys. "In
2018, we were rapidly reaching capacity for our existing production
lines at 25 tons annually and are happy to make this investment in
expansion now in order to continue meeting our customers' demands
for the highest quality, lowest cost Quantum Dots."
About Nanosys
Nanosys, Inc. is the leader in
developing and delivering state-of-the-art Quantum Dot technology
to the display industry. Nanosys proprietary QDEF® and QDOG™
technologies, key components of the Ultra High Definition (UHD)
display revolution, are enabling a new generation of displays
utilizing Quantum Dots to deliver vivid color, lifelike brightness
and incredible power efficiency at a fraction of the cost of
competing technologies. As of 2019, industry leading consumer
electronics brands have shipped more than 10 million devices from
tablets to monitors and TVs based on Nanosys' proprietary Quantum
Dot technology.
Founded in 2001, the company is headquartered in Silicon Valley,
California where it operates the
world's largest Quantum Dot nanomaterials fab. Nanosys currently
owns or has exclusive license rights to more than 400 issued and
pending patents worldwide. For more information, visit
http://www.nanosysinc.com/
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