Nanotechnology

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Nanosys Opens Korean Facility to Support Recent Expansion in the Asian Market

Firm Taps Renowned Materials and Semiconductor Expert to Lead New Facility for the Continued Development of Architected Materials for Asian Electronics Manufacturers

PALO ALTO, Calif., Sep 02, 2010 (BUSINESS WIRE) -- Nanosys, Inc., an advanced materials architect, today announced the opening of a new subsidiary, Nanosys Korea, Inc. with facilities in Gyeonggi-do, Korea. The company named former LG Electronics vice president Dr. Jong-Uk Bu as president of Nanosys Korea, Inc., which will support its growing Korean and Asian customer base.

This year, Nanosys commercialized its quantum dot technology with the QuantumRail(TM), a process-ready component that improves LED backlit display color gamut and efficiency, and has announced partnerships with LG Innotek and Samsung Electronics. The company is currently working with major battery manufacturers to improve lithium-ion battery capacity using its SiNANOde(TM), a silicon composite material that can increase battery cell capacity by up to 40 percent. SiNANOde(TM) --enhanced batteries will be available to consumers in 2011.

"Samsung Electronics and LG Innotek have demonstrated the visionary nature of the Korean electronics industry by adopting new architected material solutions that deliver exponential performance results," said Jason Hartlove, CEO of Nanosys. "Dr. Bu will lead Nanosys Korea's efforts to meet our customers' needs for architected materials and to expand our presence in Asia."

Dr. Bu, who will lead the facility located in the provincial capital city of Suwon, brings a breadth of knowledge and experience in the display and microelectronics fields. From 1984 to March, 2006, he worked on the development of silicon micro-machining and MEMS sensors as a research fellow and vice president of the LG Electronics Institute of Technology in Seoul, Korea. He holds a Ph.D. degree in Metallurgical Engineering from Korea University, worked as a research fellow at the University of Michigan and has taught at the Korea Advanced Institute of Science and Technology and the Korean Polytechnic University in Ansan.