#Samsung has confirmed the rumored acquisition of #QDVision as the company looks to strengthen its quantum dot display technology unit. As reported by Sam Mobile, the deal was confirmed by Samsung's Advanced Institute of Technology chief Jung Chil-hee, who told reporters that QD Vision has become part of the South Korean tech giant's portfolio. The acquisition is expected to be formally announced next week. No financial details have been disclosed, however, South Korean news agency Yonhap values the deal at approximately $70 million. Lexington, MA-based QD Vision, previously known as #ColorIQ, is a specialist in quantum dot display technology. Developed for displays including PC monitors and television sets, quantum dot technology uses semiconductor nanoparticles to change the properties of quantum dots, improving color definition and sharpness. Displays based on quantum dot technologies tend to offer better picture quality and are also cheaper to manufacture than organic light-emitting diode (OLED) television sets. QD Vision will become part of Samsung's research and development unit in the hope of creating quantum dot LED (QD LED) displays suitable for the consumer market which could, in turn, become a strong competitor against OLED displays.
http://www.zdnet.com/article/samsung-bets-big-on-quantum-television-snaps-up-qd-vision/
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