Nanoco Group (NANO)

Sector:

IT Hardware

Index:

FTSE Fledgling

18.79p
   
  • Change Today:
    -0.070p
  • 52 Week High: 23.40
  • 52 Week Low: 15.60
  • Currency: UK Pounds
  • Shares Issued: 193.92m
  • Volume: 891,781
  • Market Cap: £36.44m

Nanoco and Plessey team up on project to shrink microLED pixels

By Josh White

Date: Friday 04 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Nanoco Technologies, along with Plessey Semiconductors, announced a partnership to shrink the pixel size of monolithic microLED displays using Nanoco's cadmium free quantum dot (CFQD) semiconductor nanoparticle technology on Friday.
The London-listed firm said that, using its existing monolithic process, Plessey would integrate the Nanoco CFQD quantum dots into selected regions of blue LED wafers, to add red and green light.

It said that would shrink the smallest practical pixel size from today's 30µm to 4µm - a reduction of 87%.

The process would enable the production of smaller, higher-resolution microLED displays in applications such as augmented reality and virtual reality devices, watches, and mobile devices, while enhancing both colour rendition and energy efficiency.

For pixels of 30µm or greater, colour conversion was currently performed by adding phosphors to the blue die.

However, since the smallest phosphor particle is around 30µm, the efficiency of colour conversion deteriorated as the pixel size shrank.

Nanoco's CFQD quantum dot technology would overcome that limitation, while facilitating efficient, compact device packaging, the companies explained.

"Quantum dots offer the best solution for today's emerging display requirements," said Plessey president of corporate and business development Mike Lee.

"The nano-sized emitters with narrow band emission make them a suitable solution for Plessey's microLED display roadmap, which will see pixels being driven down to 4µm in size by 2019.

Dr Brian Gally, Nanoco's head of product, added that his company was "thrilled" to be working in close collaboration with Plessey, which he said led the global field in the development and production of microLED arrays.

"The combination of Plessey's blue microLEDs with Nanoco's red and green cadmium free quantum dots gives display customers the performance they require to rapidly commercialise products," Dr Gally said.

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Nanoco Group Market Data

Currency UK Pounds
Share Price 18.79p
Change Today -0.070p
% Change -0.37 %
52 Week High 23.40
52 Week Low 15.60
Volume 891,781
Shares Issued 193.92m
Market Cap £36.44m

Nanoco Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.7% below the market average49.7% below the market average49.7% below the market average49.7% below the market average49.7% below the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Price Trend
11.75% above the market average11.75% above the market average11.75% above the market average11.75% above the market average11.75% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income Not Available
Growth
49.68% above the market average49.68% above the market average49.68% above the market average49.68% above the market average49.68% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average

Nanoco Group Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
17:03 101,013 @ 18.87p
16:11 20,013 @ 18.60p
16:11 1,000 @ 18.98p
16:11 15,000 @ 18.80p
16:11 4,170 @ 19.00p

Nanoco Group Key Personnel

CEO Brian Tenner
CFO Liam Gray

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