QMC Asia Update and Nitto Denko Prospectus:
Chinese production will amount quantum dot material to fill gaps
China Economic Net Beijing May 8 news (reporter Li Wanxiang) May 8 morning, quantum materials (Asia) Co., Ltd. The first working meeting of the Board Beijing Nikko New Century Hotel. The meeting was chaired by the Chairman Mr. Liu. Mr. Stephen Squires founder and president of Quantum Materials Corp. company, Dr. Liu Peng and other members of Directors attended the meeting, some executives to attend the meeting.
It is understood that the meeting made three important decisions. First, with the Nobel Prize of Science and Technology (Beijing) Co., Ltd. to cooperate, invest and build factories in China, producing quantum materials. Second, the establishment of quantum materials applied R & D center in China to promote the application of quantum dots in the display, lighting, solar power, communications and other fields. Thirdly, in order to promote the production and application of quantum materials, the formation of a "quantum Material Industrial Investment Fund", the scale of 5 billion yuan.
Liu introduced quantum materials (Asia) Co., Ltd. registered in Hong Kong by the Hong Kong Science and Technology Co., Ltd. and brilliant American Quantum Materials Corp. (abbreviated QMC) co-financing, each holding a 50% stake. QMC is a North American listed company specializing in the production of quantum dot material, but also the world's most competitive quantum dot material suppliers. Compared with other peers, QMC produce quantum dots do not contain toxic substances - cadmium, and the best quality, lowest cost, the largest output.
Mr. Stephen Squires talked about the future of quantum dot material is one of the world's most promising new material. The size of the quantum dots is about 2 to 20nm, a small number of atoms. With different size and internal structure, can emit different colors of light. When sufficiently precise size, bright red, green and blue light can be issued, and easy to adjust, it can be more precise control of color display in the display, a plurality of areas of lighting, storage, genetic markers, drug screening, solar power, communications, security, etc. They are likely to set off a revolution.
It is reported that in China the production of quantum dots, will directly fill the gaps in this field, while helping to promote change in our part of the industry.
Nitto Denko plans LCD polarizer production in China
OSAKA -- Nitto Denko aims to establish start-to-finish production of polarizing films for liquid crystal displays in China beginning in 2018 to respond faster to orders in an increasingly demanding market.
The Japanese electronic parts maker is a leading global manufacturer of polarizers, which are built into LCD panels to control light for a bright display. Nitto Denko has seven overseas bases for post-processing to cut the polarizing films to size, but the company has conducted the technically advanced fabrication of the films only in Japan.
Nitto Denko will invest roughly 13 billion yen ($124 million) to build a facility for this pre-processing step on the grounds of its plant in Shenzhen, which now conducts post-processing of the films.
The company wants such integrated production in China given the growing might of rival Chinese makers as well as moves by major customers such as South Korea's Samsung Electronics to boost production of LCD panels in China.
The advance of Taiwanese and South Korean producers into the field has made the market for LCD polarizers extremely price competitive. Nitto Denko intends to focus in China on producing ultrathin polarizers for high-end televisions and smartphones , which can demand higher prices and are more profitable.