[2018 DSCC Business Conference] Nanosys Quantum Dots: The Platform for All Future Displays
Good, afternoon everybody its thank, you Bob for the introduction, it's, really a pleasure to be here with you today I've been looking forward to display, week for pretty. Much since the beginning of the year since we got over CES, and I'm very excited. To present here to you the, topic of my presentation is. Quantum. Dots the, technology. Platform for, all displays, so. I know that's a very bold, very bullish, statement, probably. Some of you are sitting in the audience is saying really all, displays, I mean what about all the innovation, that's being made in, OLED. Materials, soluble OLED what about micro LEDs like we just talked about, and. Other. Types of technology, but. I'm not saying that quantum dots are the only or the solutions. They. Are a complementary, technology, to all of these other technologies. That, were also excited, about. So. Let me go ahead and get started but before I do I have to give a quick plug before, analysis so. Here is some drone video. Analysis. Of the Silicon Valley headquarters. As. The. Apple Park headquarters, but. It is a very large building 60,000. Square feet of which we've fully occupied. Two-thirds. Of this building is dedicated. To manufacturing. And R&D. Lab, space and the other one-third is dedicated, to our office, space. Hundred employees. This. Facility, four years ago, we. Didn't take up much space in there but we had to have it we have to move from Palo Alto because. We were installing the, world's, largest quantum. Dot manufacturing. Line which is called p4. For production, for. Some. Very exciting news that I have to tell you when asperities, it's not actually the full news we. Will be qualifying. P6. Our, production, six this, quarter, second quarter of 2018. Unfortunately. I'm not authorized, to tell you what that capacity is but. If you're one of our those partners, or collaborators. You, do know what it is and, it is, significantly. Larger, than our p4, live, and the p4 scale I. Welcome. You to come visit our facility, take a tour if we can have some business together you happy to show you how we make a lot of dots and what we do. There's. No space so our next line must. Come up in Asia that would be our next our next major scale, just, a, couple more things about nano six we. Focus. Only on one, thing we. Make quantum dots for, our, industry, for the display industry you don't make quantum dots for. Any other industry and we don't make any other material, other, than quantum dots we. Make the highest performing, quantum dot material, out there whether, it's if you're looking for quantum, yield you're. Looking at very, very narrow hole with half max you're. Looking at a photon, conversion. Applications. .. They make the best material out there we. Also make it in a fully automated fashion, so. It doesn't require a lot of manpower, everything. Is automated we get very, very good yields, and, we've driven the cost of Wambach's basically, to, the cost of those raw materials we go into making it, so. We, have the best price. We're. Continuing to work to continue to break it down but. People are often surprised. Well. If.
You're Not if you're not heavily relying on manpower and, you have a process. That's. Exactly. So. Those are two attributes, that we have we also have the most innovative roadmap, and the, strongest, intellectual, property position, which, I'm looking forward to telling you about so let's jump right into the presentation, now quantum. Dawgs the technology, platform, for, all displays. The. First time going to. Something. You're, familiar with. Is the enhancement. Film it's. Actually been in the market since 2013. And mass production and there, are literally hundreds, of products out there there's, actually over 61. Products, new, models, of quantum dot products that are released already so far this year into mass production 61. It. Is the best technology that's. In mass production for achieving, ultra, wide color gamut BT, 2020. And. Just. Now the, quantum dot enhancement, film works, so. In, the traditional, LCD structure, you have an optical film stack that. Diffusor the hospital, staff is replaced by an enhancement. Fill the. Corner began to develop is, a laminated, film that, has a matrix material, to, help protect the red and green quad dots from oxygen and moisture in, the middle and then. Two very rare filaments. Thickness. Is typically around two to three hundred microns, thick. Drop. Right in there the backlight is diverted to blue because. As you all know the blue light is efficiently, absorbed, by those walnuts, and then, down convert it to the appropriate deep, wavelength, and you give this beautiful Beatty. 2020, quantum, dot color coming. Out in front, we. Make quantum dots only. We do not make the component, we have great partners, like Hitachi, Chemical, where, we introduced two years ago our Hyperion. Low, cadmium, film that, won the SAE component, of the year and is now in mass production I, welcome. You to come by our booth and get an opportunity to see the, Vizio P, series quantum. Mm. Peak brightness TV, with, the Hyperion film inside, ultra.
White Color. Beautiful. Product. The. Penetration. Is actually quite, good I think already, we have 61 products, coming to market already, this year and, in. The ultra, premium segment, this. Chart here on the right has been the smallest from DSCC, from. Spring of last year but in. The end. Segment, of TV which, is where we've primarily focused, because TV is the largest display area, so we're material supplier we want to sell material, into large area, applications. And we. Have great traction, we have over 50%. Market. Penetration in, the ultra premium but. As you can see here the problem with that is the ultra premium is, only 3% of the total display, market so, we are working very diligently on. Our quality, of film to. Reduce the cost we. Went to every TV maker we went talked to Samsung, LG, TCL. I sense, vizio all the players and we asked them what. Do you think of our technology. Across. The board every one of them said we, love it we want to use it for a hundred percent of our LCD product lines .. But. The problem is the, cost and. They shared with us that the cost of the quantum dot enhancement, dog basically. Needs, to go to one, or two percent, of the, average sales price, of that TV in. Order to make, sense that's kind of back at the envelope calculation. So. You can see here we've got some work to do to penetrate. In deeper, into the market we've, actually already been making significant, progress in, reducing the cost of the quantum dot enhancement, film, we. Have been dropping the cost, of the end product by improving our materials, and the, manufacturing, processes, by, over 30% per. Year since 2013. And, we, see a clear line of sight to continue, to do that some. Of the ways we do that is to. So. We use lower grade, barrier. Films, and lower grade resins. Other. Ways are going to be actually. One of the very exciting about, ways of innovating, is on the topic map here is the next implementation, which is called. QD. On glass or Q, dunk and, it's. Nice to be following, doctor, Ruffin from Corning some, really amazing innovations, that they have done there the. QT on glass works in a very different manner so. Well played, and happy to use armed up history film. Because. This is so, rigid and stable you, can cook very poorly. On their last. As dr., roof invention, is a perfect, barrier for oxygen and moisture so, it's great you don't know barriers on there you, can approach thinner, so you can use less resonance, significantly, less present so that saves a little money there as well and, you can do encapsulation. Techniques, that are used across. The display industry so. Now the cost, of having quantum. Dots to your display becomes. Even. Lower but. You still get this a very beautiful two version of, light. Into. The perfect colors to the perfect spectrum. And. Just like you just like you would with a q def TV. Also. Since. The glass is much sturdier than, the. Film. You. Can thank the TV very, very. Laughs. To. Be thinner than a smartphone, and. I want to mention. To all of you there, are going to be a couple of examples of the cutie on glass technology, here at the show so, we learned today in talking with Samsung, that they will be showing IT. Product, as well as TV product, on the show floor so, I welcome you to go over and take a look at their booth and take, a look at the cutie on glass is what is called we call it Q dog and see. What you think but this is bringing innovation, and. The. Whole ecosystem from. Corning Glass and. Working. Together to bring this technology to market. The. Next stop is what we call quantum dot color conversion, quantum. Dot color conversion is, basically, using. Quantum, dots typically.
In The front of the display of the pixel level to. Convert the light and the, light source really doesn't, matter so, it could be a blue. LED in an LCD TV it could. Be a, micro. LED array, it. Could be a blue. All that material it really doesn't. Matter but, it simplifies, the manufacturing, process, and provides, the perfect colors requirement, for the ultimate, displays. So. I'll give an example here, of the quantum dot color conversion in, the LCD structure, many, of you have probably heard it called, color. Filter we, don't wait too because, the color filter locks light this, is not like walking technology, this is a light absorbing, and down converting, technology, that, gives better. Efficiency, and better color. So. It works very much the same except that color, conversion is happening, at the front of the display this, has some major benefits, it, also has some challenges that I'll speak to in just a moment. First. Of all our. Target. Version material, for the, LCD, technology, is. Completely, compatible with, the color the standard, color filter manufacturing. Process, that's out there today for LCD so. That involves everything. Being done at room temperature, there's no requirement. To be done in nitrogen, multiple. Bakes at 180c. Exposure. UV exposure etc. The standard, process. Flow so no equipment has to change nothing, has to change in, using. Quantum dot color conversion instead. Of quantum, dot instead, of a conventional. Color filters. You. Can get much better than two minutes because you're taking the emitter to the front of the display you're not blocking all that light you're really really, making better use of that light we've generated easier display and, you can also give, amazing. Viewing, angles viewing. Angle has been sort of one of the challenges, for the LCD technology for, as long as we can remember and many, innovations have happened from right complaints, which came from from. LG 2. Radical. Pixel designs and other other makers but, really nobody's, been able to perfectly, solve that and give you the perfect viewing integral and, I can assure you when, you see a color. Conversion in this, case. We'll be shocked at how good the viewing England's maybe some of you saw the different, the dimples at CES that were done by one of major panel. Suppliers out there. The. Other implementation. That can be used for quantum. Dot color conversion are, things. For. Was a supplier, in display. For quite some time literally, for years to develop that material. As. Well to create these things and. We have thermal curing ease we have UV, inks we, have them tested, to compatibility. With, multiple, inkjet, heads and, we're sampling to the, makers. That are focusing on the high-volume, inkjet. Equipment, and they're really making some great progress.
Big. Benefits, of course on the, Qt inks is the, material, utilization is perfect. You don't waste anything, with, a photo lithography process you, end up throwing a lot of way of, course. Everything we do here is cadmium free I should have mentioned that, everything, beyond the qdf technology, is 100%, heavy metal 100%. Cadmium, free we don't develop any cadmium. Based products, going forward we don't need to we've, made enough improvements, in the cabinetry, technologies. To, not have to go back and work. The. Part got color conversion for, micro LED M for that matter also for a blue OLED, is. Very very similar as well again we don't care, where the light comes from as long as it's the right wavelength the, efficiency, of absorption, can be very good and. It can be converted to those proper colors to, give you an. Amazing display experience. For. Micro LED integration. This is really interesting for a lot of us here in this room and myself in particular. There. Are going to be some great opportunities, for really, radical, displays, and lifetimes, for with the mobile displays that we've never seen before. There. Are some challenges though the micro, LED. Integration. Has a number, of challenges due, to its manufacturing, complexity. But. If you can use on Dodson's color converters, instead. Of always doing, RGV micro, LED you. Can you can get rid of a lot of those challenges, you can also reduce, the complexity, on your circuitry design and, you can better control. The aging of your device over time so those three different primaries. Aged very differently, over time. Also. For the AR fer applications. You know a very very small pixel is going to be required some people say 2, or 5 my. Comp you, can see here with our photo lithography system, to, TDR we're, getting good. With. The. Inks, Aaron reputation that's associated to, the drop sides and how the inkjet produces. That job sighs but we've done things that eating microns 50 microns and even some proof of concept. Down to about 30 microns so, those are sort of the two trade-offs, between those two different material. Systems but both for color conversion. The. Final stage going to talk about here. Is. Quantum, dots or electroluminescence. Or QD. P.m.. And. QTL think is a lot, of promise across, the industry for many many reasons. You, know is where you actually stimulate, the quantum dot with, electricity instead, of photons, so, it's just like an OLED type. Of technology, except. It has many, advantages, so. The quantum dots by, nature are inorganic there. When, they introduced. A more stable, than the old, organic, material, they. Have the ability to pick a specific, peak, wavelength and to, them to achieve that by, just changing the core of the quantum, dot the size of that want to lock or so, instead of going back in and resynthesizing. The entire OLED. Small molecule, you can do that there, more we've already proven they're more robust I think I mentioned that before in the photo luminescent, application, because the barriers, that we use in the qdf are much, much lower typically, you're using ultra barrier and the OLED encapsulation. For the Q diffusing a wvt are 10 to the minus 2 or lower so much more stable and they've. Also demonstrated. Extremely. High brightness. And efficiency, so. I think many of you were here at a siding display week last year and. I'm coming to the point which i think is the most impressive, thing, about the, quantum dot electroluminescence. And that, is a BOE, demonstrated. A beautiful. Couple, of displays, of. The. Column qulet devices some people could say hewlett we say QD e l because it's getting a little confusing out there with another company using. Hewlett but, but. They you, know they presented, two different examples with different back planes one was an LTPS backplane, one, was a oxide, TFT high, mobility backplane. And. Those. Displays, actually I mean they're not ready for primetime if.
They Were I'm sure VOE would be producing, those on the, gen 10 facilities, coming up and they me everywhere, but, they were very very impressive, and they did win Best in Show on that the, reason I want to mention that specifically, is. Everyone. Who's demonstrating. These, fonda, electrically. Monessen devices, is doing, it in a soluble fashion. So a printed, system, whether, that's a jet printed, whether. It's Revere printed. Whatever, it's a non vacuum. Based system, for, manufacturing. These, displays, and that, in and of itself along. With the other attributes that I mentioned, in relation to the superiority. Of the plant molecular USS, it's going to be radically, game-changing. When. We can have displays. Printed. In very, very large one factors. Like the. Old days when newspapers used. To run off of a printing press ultra. Wide ultra, high throughput ultra. Low cost it. Will radicalize. The way we look at this place and every. Surface around us will, be it will be cost-effective enough, to have displays, there, in every surface so. Just, here is it a little snapshot of our current performance, that we're releasing publicly, on the. Performance, of our RGB. Primaries. For the for the Judy DL we, actually don't show champion, performance, this is our stable performance, and we plot this against the history of development, with. Materials, like coal that we learned you know we believe we're learning a lot from all, of the challenges that the OLED technology has, had and the great progress, that the OLED technology is made and. We believe that our learning curve is going, to be faster. Because we have the benefit, of learning, from what has already been done for the past decades. With, Poland so, in, summary we do believe that quantum dots are the technology. Platform for, all this place I hope that I've made me convinced, you a little bit or brought you a little bit of my way and, and. That. They will work with these new technologies, micro. LEDs blue. Ol LED backlights, whatever, it might be to, enhance and, make for a better display the. Quantum dots that are in the market today and the film form-factor, continue, to gain market share and, will continue to grow there's a very very big market for us there for many many years to come and. We. Also believe that the, quantum dot electroluminescent. Technology, will, be potentially. The ultimate, technology, for displays in the future so, thank, you very much.