Nanosys and Hitachi Chemical Partner to Accelerate Adoption of Quantum Dot Technology for Displays

SAN FRANCISCO, May 23, 2016 /PRNewswire/ -- Nanosys, Inc. announced today that Hitachi Chemical and Nanosys have partnered in the development of QDEF optical films for display applications.

Hitachi Chemical plans to begin shipping QDEF to display manufacturers in mass production volumes during the 2^nd half of 2016. This new supply of high quality and cost competitive QDEF will further accelerate the utilization of Quantum Dot technology in displays of all types, including UltraHD televisions, monitors and mobile devices.

Nanosys QDEF Quantum Dot technology makes displays more vivid by enabling pure colors with lifelike brightness using cutting-edge nanotechnology. QDEF is a drop-in film that LCD manufacturers can integrate with existing production processes. It utilizes the light emitting properties of Quantum Dots to create an ideal backlight for LCDs -- one of the most critical factors in the color and efficiency performance of displays.

"Nanosys is the innovative leader in Quantum Dot technology – always providing the best performance, design and quality to customers," said Hiroyuki Morishima, Executive Officer, General Manager R&D Headquarters, Hitachi Chemical. "We plan to begin shipping product in mass production volumes during the second half of 2016."

"Hitachi's proven expertise in design, engineering and manufacturing of products for consumer electronics including state-of-the-art displays make them a perfect partner to help us revolutionize the Quantum Dot Display industry," said Jason Hartlove, President and CEO, Nanosys, Inc. "Together, we expect to accelerate the adoption of brighter, more colorful and environmentally friendly displays that use less energy with Quantum Dots."

Both Nanosys (booth #1329) and Hitachi Chemical are attending Society of Information Display's DisplayWeek, May 23 – 27, 2016, in San Francisco, CA. For more information: www.displayweek.org.

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^® technology, a key component of the Ultra High Definition (UHD) TV revolution, is enabling a new generation of displays using Quantum Dots to deliver vivid color, lifelike brightness and incredible power efficiency at a fraction of the cost of competing technologies. Industry leading consumer electronics brands have shipped award- winning devices from tablets to 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 with manufacturing capacity for over 25 tons of Quantum Dot materials per year. Nanosys currently owns or has exclusive license rights to more than 300 issued and pending patents worldwide. For more information, visit http://www.nanosysinc.com/

QDEF and Nanosys are trademarks of Nanosys, Inc., registered in the United States and in other countries.

About Hitachi Chemical
Hitachi Chemical Co., Ltd. (TSE：4217), headquartered in Tokyo, Japan, delivers wide range of innovative products, such as electronic materials, automobile parts, energy storage devices and systems, in global markets. The company's consolidated revenues for fiscal 2015 (ended March 31, 2016) totaled 547 billion yen ($4.8 billion). For more information on Hitachi Chemical, please visit the company's website at http://www.hitachi-chem.co.jp/english/

SOURCE Nanosys

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