QD Vision and LG display announced a joint-development agreement - to create highly-efficient, high-performance active matrix displays based on electroluminescent quantum dot LED (QLEDs). According to QD Vision, such displays will use less power than other technologies (including OLEDs) and have brighter and richer colors. They will also be cheaper to produce.
QD Vision says that QLEDs have several advantages: pure color, low-power consumption, low-cost manufacturing and are ultrathin, transparent and flexible. Back in 2009 we posted an interview with QD-Vision's founder and CTO, explaining their technology and how it applies to displays and lighting.