SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

Samsung confirms acquisition of QD Vision, a US-based Quantum Dot display company

TV
By 

Last updated: November 23rd, 2016 at 07:57 UTC+02:00

Following reports that it was considering an acquisition of US-based Quantum Dot display company QD Vision, Samsung today confirmed that it is indeed acquiring the company. The confirmation comes from the head of Samsung’s Advanced Institute of Technology Jung Chil-hee who told reporters earlier today that the company has decided to take over QD Vision. It’s expected that the deal will formally be announced next week.

For those who are unaware, Quantum Dot technology provides better picture quality and happens to be more energy efficient than regular LCD technology. Most TV companies don’t make Quantum Dot TVs due to their inability to do this without using the heavy toxic metal cadmium. Samsung is the only company that’s making cadmium-free Quantum Dot TVs.

No financial terms of the deal have been disclosed as yet but industry sources are of the view that this company might have cost Samsung around $70 million. That’s a drop out of the ocean for a company like Samsung that’s already putting considerable time and resources into Quantum Dot technology. Samsung made a commitment earlier this year that it will launch fourteen new SHUD TV models with Quantum Dot technology in 2016. It recently backed that up with a 10-year free burn-in warranty for all of its SHUD TVs with Quantum Dot display.

Via TV Quantum DotSHUD TV
Load 1 comments

You might also like

Breaking: Samsung’s challenge to LG OLED TVs is coming next year

Samsung remains one of the world’s leading manufacturers of premium televisions. It has been able to ret …

  • By Adnan Farooqui
  • 11 months ago

First Samsung Quantum Dot TV prototype coming this spring

The first-ever Quantum Dot TV prototype from Samsung Display will be delivered to Samsung Electronics in late …

  • By Dominik Bosnjak
  • 1 year ago

Samsung to release QD-LED TVs next year as LCD production continues

Samsung Electronics and Samsung Display may have been at odds last year regarding the practical uses and benef …

  • By Mihai Matei
  • 1 year ago

Samsung to skip QD-LED TVs next year while China’s TCL leads the …

A few months ago we talked about Samsung Electronics and Samsung Display being at odds regarding the use of QD …

  • By Mihai Matei
  • 2 years ago

Samsung Electronics and Samsung Display are at odds regarding QD-LED

Contrary to what industry watchers were hoping for earlier this year, Samsung Electronics might not be the fir …

  • By Mihai Matei
  • 2 years ago

Samsung’s Quantum Dot successor, QNED, could enter production in …

As you all probably know by now, Samsung Display is giving up on LCD manufacturing in favor of Quantum Dot LED …

  • By Mihai Matei
  • 2 years ago