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Samsung and LG Looking Toward Quantum Dot Technology For Their Next-gen Televisions

Category: General News
Posted: 08:27PM

While plasma televisions may be on their way out, it looks like a new type of television is ready to take their place, and it's expected to be the next big thing. Both Samsung Electronics and LG Electronics have announced that they plan to use quantum dot technology for their next generation of televisions. Sony is currently the only major electronics manufacturer selling quantum dot TVs. The reason is not actually related to plasma TVs, but rather OLED TVs, which continue to cost way too much to produce, which in turn makes it tough to find mass market appeal.

The appeal of quantum dot displays is that they provide superior quality over traditional LCDs, but at a fraction of the cost of OLED displays. "One industry analyst estimated a 55-inch quantum dot TV could be priced 30 to 35 percent more than a current LCD TV, while an OLED TV could be 5 times more expensive." The problem comes down to supply. Currently, there are only a few suppliers of quantum dot material, including Quantum Materials Corp and Nanoco Group PLC. The latter is partnering with Dow Chemical Co to build a South Korean plant that will start quantum dot production in the first half of 2015.

According to research analyst DisplaySearch, 1.95 million quantum dot TV shipments are expected next year, increasing to 25.5 million by 2020. While next year's number only accounts for 0.8 percent of the market, OLED TV shipments are only estimated at 600,000 in 2015 according to IHS Technology, with that increasing to 7.8 million by 2019. That being said, LCD TVs will continue to dominate the market for the foreseeable future, providing the best bang for buck.

Source: Reuters

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