Canon has developed its own QD-OLED display technology, reports Nikkei Asia. If the news is indeed true, Canon has become the second company after Samsung Display to have developed this display technology. The latest report also puts Canon in a position to compete with Samsung Display, the only brand in the market at the moment that offers QD-OLED TVs and monitors. But there’s more to the story that’s gonna make QD-OLED lovers very happy.
Manufacturing QD-OLED panels using Samsung Display’s technology requires indium, a material that’s quite rare (found only in China) and, therefore, very costly. Canon’s QD-OLED technology reportedly uses lead, which is more widely available, and as a result, cheaper. According to Nikkei Asia, the amount of lead required to manufacture QD-OLED panels using Canon’s tech could cost a hundred times less than the amount of indium required to manufacture QD-OLED panels using Samsung’s technology.