Nanoco Group (NANO)

Sector:

IT Hardware

Index:

FTSE Fledgling

 18.40p
   
  • Change Today:
      0.000p
  • 52 Week High: 23.40
  • 52 Week Low: 15.60
  • Currency: UK Pounds
  • Shares Issued: 193.14m
  • Volume: 60,010
  • Market Cap: £35.54m

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 18.40p
Change Today 0.000p
% Change 0.00 %
52 Week High 23.40
52 Week Low 15.60
Volume 60,010
Shares Issued 193.14m
Market Cap £35.54m

Nanoco Group Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
48.58% below the market average48.58% below the market average48.58% below the market average48.58% below the market average48.58% 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
19.01% below the market average19.01% below the market average19.01% below the market average19.01% below the market average19.01% below the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
50.11% above the market average50.11% above the market average50.11% above the market average50.11% above the market average50.11% 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 10-May-2024

Time Volume / Share Price
09:07 50 @ 18.45p
08:51 10,000 @ 18.42p
08:44 2,000 @ 18.44p
08:31 7 @ 18.48p
08:31 100 @ 18.20p

Nanoco Group Key Personnel

CEO Brian Tenner
CFO Liam Gray

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