A company in the United Kingdom has received an influx of cash in its patent infringement lawsuit against Samsung, which was initially filed in February of this year. Nanoco, the company behind the lawsuit and which develops and manufactures cadmium-free quantum dot technology, is essentially taking aim at Samsung’s line of QLED televisions.
Nanoco and Samsung have a bit of history together. According to a statement made by Nanoco chairman Christopher Richards earlier this year, the British firm “worked collaboratively with Samsung” to develop “enhanced quantum dots.”
“We were therefore naturally disappointed when Samsung ended the collaboration and launched its QD-based televisions without entering into either a licensing or supply agreement with Nanoco,” Richards said at the time, according to a Reuters report in February.
Nanoco Group PLC (LON:NANO) leads the world in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, vertical farming, solar energy and bio-imaging.
