Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Nanosys and Samsung Electronics Announce Strategic Alliance to Accelerate Commercial Applications of Nano-Architected Materials for the Electronics and Solar Markets

Abstract:
Samsung to Fund Co-Development of Industry-Leading High-Efficiency Thin Film Solar Panels, Flash Memory Products and Display Technologies; Deal Includes License Rights to Nanosys' World Leading Intellectual Property Portfolio for Nano-Architected Materials

Nanosys and Samsung Electronics Announce Strategic Alliance to Accelerate Commercial Applications of Nano-Architected Materials for the Electronics and Solar Markets

Palo Alto, Ca | Posted on August 10th, 2010

Nanosys, Inc., an advanced materials architect, and Samsung Electronics Co., Ltd., a global leader in semiconductor, telecommunication, and digital technologies, today announced a strategic alliance and licensing arrangement to accelerate the development of commercial applications of nano-architected materials for the electronics and thin film solar markets. Under the terms of the deal, Samsung Electronics will contribute funding and resources to co-develop products using Nanosys technologies, in addition to $15 million equity investment from the affiliated Samsung Venture Investment Corporation.

"We believe that working closely with Nanosys will help us to develop exciting new products for our customers that will address needs in the world's largest markets across a number of technologies," said Seungho Ahn, Senior Vice President of the Intellectual Property Center, Samsung Electronics.

"Samsung is a clear leader in the electronics and solar sectors," said Jason Hartlove, CEO of Nanosys. "Not only does Samsung bring deep knowledge of solar, memory and display technologies and markets, they bring tremendous experience in scaling up new technologies, which will help us accelerate the development, production and market introduction of devices enabled by our nano-architected materials."

Samsung's equity investment will come from Samsung Venture Investment Corporation, with at least an additional $10 million in total from previous venture capital investors including Arch Venture Partners, El Dorado Ventures, Polaris Venture Capital and V enrock.

With this arrangement, Samsung and Nanosys will work together to create a new generation of cost effective, higher-efficiency products in the fields of solar, LED, memory, semiconductor, and display.

####

About Nanosys
Nanosys, Inc. is an advanced material architect, harnessing the fundamental properties of inorganic materials into process ready systems that can integrate into existing manufacturing to produce vastly superior products in lighting, electronic displays, solar power and energy storage. For more information, visit www.nanosysinc.com.

About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2009 consolidated sales of US$116.8 billion. Employing approximately 188,000 people in 185 offices across 65 countries, the company consists of eight independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Semiconductor and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.

About Samsung Venture Investment Corporation
Samsung Venture Investment Corporation manages investment and investment-related activities for Samsung affiliate companies. The investment mandate for Samsung Venture Investment Corporation tracks closely to the strategic priorities of Samsung Electronicsí and other affiliate companiesí core operating divisions, and encompasses investments in semiconductors, displays, telecommunications, and consumer electronics.

For more information, please click here

Contacts:
Nanosys
Phone - 650 331 2100

Copyright © Nanosys

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Switching to spintronics: Berkeley Lab reports on electric field switching of ferromagnetism at room temp December 17th, 2014

ORNL microscopy pencils patterns in polymers at the nanoscale December 17th, 2014

Unraveling the light of fireflies December 17th, 2014

First Home-Made Edible Herbal Nanodrug Presented to Pharmacies across Iran December 17th, 2014

Thin films

'Giant' charge density disturbances discovered in nanomaterials: Juelich researchers amplify Friedel oscillations in thin metallic films November 26th, 2014

New way to move atomically thin semiconductors for use in flexible devices November 13th, 2014

Graphene Frontiers Partners with Madico to Accelerate Material Production: Deal to ignite and fulfill demand for industrial scale graphene film that supports energy, consumer electronics, membranes/filtration, solar and other applications November 12th, 2014

New materials for more powerful solar cells: Major breakthrough in solar energy November 11th, 2014

Investments/IPO's/Splits

Pixelligent Closes $5.5 Million in Funding: Capital Will Be Used to Support Global Customer Growth December 12th, 2014

Nanometrics Announces Upcoming Investor Events November 19th, 2014

Eight19 secures £1m funding: Investment to develop production technology, and expand commercial activities for organic photovoltaics November 19th, 2014

Arrowhead to Present at Upcoming Conferences November 15th, 2014

Announcements

Switching to spintronics: Berkeley Lab reports on electric field switching of ferromagnetism at room temp December 17th, 2014

ORNL microscopy pencils patterns in polymers at the nanoscale December 17th, 2014

Unraveling the light of fireflies December 17th, 2014

First Home-Made Edible Herbal Nanodrug Presented to Pharmacies across Iran December 17th, 2014

Energy

Lifeboat Foundation gives 2014 Guardian Award to Elon Musk December 16th, 2014

Stacking two-dimensional materials may lower cost of semiconductor devices December 11th, 2014

Defects are perfect in laser-induced graphene: Rice University lab discovers simple way to make material for energy storage, electronics December 10th, 2014

New Technique Could Harvest More of the Sun's Energy December 9th, 2014

Alliances/Partnerships/Distributorships

New 'electronic skin' for prosthetics, robotics detects pressure from different directions December 10th, 2014

SEMATECH Reports Significant Progress in EUV Resist Outgas Testing: Technologists from SEMATECH and JSR demonstrate outgas test results that further enable EUV lithography for high-volume manufacturing readiness December 3rd, 2014

Toward a low-cost 'artificial leaf' that produces clean hydrogen fuel December 3rd, 2014

Deep Space Industries and Solid Prototype Announce a Strategic Partnership: Solid Prototype Inc integrates with DSIís spacecraft design process, helping reduce costs and decrease turnaround time December 1st, 2014

Acquisitions/Mergers/Splits

Keysight Technologies Begins Trading as Independent Company November 3rd, 2014

PEN Inc. Chairman, Scott Rickert, Will Webcast a Live Company Update September 25, 1 PM EDT September 17th, 2014

State University of New York Trustees Unanimously Approve SUNY Polytechnic Institute (SUNY Poly) as New Name for Merged SUNY CNSE / SUNYIT September 9th, 2014

PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014

Solar/Photovoltaic

Lifeboat Foundation gives 2014 Guardian Award to Elon Musk December 16th, 2014

Stacking two-dimensional materials may lower cost of semiconductor devices December 11th, 2014

New Technique Could Harvest More of the Sun's Energy December 9th, 2014

Light propagation in solar cells made visible December 5th, 2014

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE