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Canon aims to find commercial applications for this technology in the coming years, ensuring stable production. In particular, the company wants to make sure that production will not
Canon aims to find commercial applications for this technology in the coming years, ensuring stable production. In particular, the company wants to make sure that production will not be affected by any geopolitical situation.
The newly developed material is used to produce quantum dots (QDs), the smallest semiconductor particles with a diameter of just 1 nanometer. Under the influence of light or electrical stimulation, these quantum dots emit bright and saturated colors. Different types of QD are already used in premium OLED TVs.
For example, Samsung has its own technology, but uses an indium phosphide-based compound to create quantum dots. However, the availability of indium phosphite is limited and is supplied to the world market mainly by China.
Canon’s breakthrough material uses lead, a common element often derived from recycled materials. The company plans to start mass production of displays using this technology in the mid-2020s.
In addition to Samsung, quantum dots are also used by other major players in the display industry, including Sony Group, Chinese TCL and Sharp. Currently, a 55-inch TV based on QD-OLED technology costs about $3,300 in Japan; that’s over a quarter the price of a traditional OLED and more than four times the price of a similarly sized LCD. However, with the introduction of Canon’s new material, the prices of premium TV models are expected to drop significantly.
Researchers at Global Information predict that the global market for quantum dot technology will reach $21.1 billion by 2027, a 4.1-fold increase from 2021. In addition, Omdia predicts that the QD-OLED TV market will grow more than eight times compared to 2018 by 2025, reaching 22 million units, or 8% of the total TV market.
Canon’s breakthrough in quantum dot-based OLED technology not only promises cost savings and energy efficiency, but also paves the way for a future where quantum dot-based displays become more accessible to consumers around the world. With commercial production plans and a strategy to eliminate dependence on rare earth metals, Canon is poised to revolutionize the display industry and make a lasting impact on the market.
Source: 24 Tv
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
