Nanosys Doubles QD-Materials Production Capacity at Milpitas Plant to 50 Tons
Nanosys completed the multimillion-dollar expansion of its manufacturing facility in Milpitas, California, that more than doubled its annual production capacity of quantum dot materials to more than 50 tons, it said Tuesday. Privately held Nanosys didn’t disclose the size of the investment, but spokesperson Jeff Yurek emailed that the amount was less than $10 million. QD display adoption “continues to grow,” said CEO Jason Hartlove. The plant was rapidly reaching its previous 25-ton capacity last year, he said. QDs enable a “new generation” of Ultra HD displays to render “vivid color, lifelike brightness and incredible power efficiency at a fraction of the cost of competing light emitting technologies,” said Nanosys in a veiled reference to OLED.