Member Info for Nanonano

I wonder how astute when he is when it comes to business, he had the opportunity to sell down his holding in the past at a much more significant profit than when he took part in the tender offer.

No idea. The very modest trading update did not inspire confidence that all is going to plan though.

Getting a respray would be interesting.

Solar was the original target market IIRC, but that was said to be largely eliminated by cheap Chinese solar panels.

The medical field always looked exciting as it had so much potential for targeting difficult illnesses, like cancers etc. the company narrowed down to display and sensing post 2019 in an effort to trim costs, which were in fairness running far too high for a business without any trade.

Nanoco settled with their largest 'customer' for £120m , of which they retained about half , and which there is now around £14m left. That's the best they could get for the large end of 20 years of sales representing tens of millions of devices.

So it's very fair for investors to ask, what's the chance of them ever finding such business going forward, bearing in mind the track record?

Things might have been different if the STMicro contract had panned out.

Anyone care to offer ant other market of tangible significance?

QD display remains small beyond Samsung, it has never scaled in the way envisaged by analysts where they expected much of the market to use QD's, perhaps Apple macbook pro screens will up the ante a bit, who knows. QD sensors are still very niche. and could remain that way- currently there is no real evidence of volume demand.

Going by past experience, when Nanoco go quiet it's nothing good.

Https://quantumscis.com/2025/09/03/quantum-science-marks-industry-landmark-with-the-uks-first-infrared-lead-free-quantum-dot-patent/

All part of the chaebols, and all thick as thieves.

Second gen dots for sensors?

First Gen dots for sensors used lead sulphide, Nanoco had no patents for those, second gen use the seeding patents, the contested patents for those last for a few more years I believe.

If they’d been making serious money, then they would still be independent of Shoei.

I wouldn’t like to bet on a swift resolution. These guys aren’t known for rolling over easily. If they do agree to a settlement, it’ll probably be on the eve of the court case like Samsung.

Quite, which is why Lg want to shift it to there. They have every incentive to long it out as much as possible, but the judge handling this case knows the game.

Took 20 months last time for a court date, but then was delayed another 14 months or so because the company elected to wait until the PTAB result came in.

Four months into the process, so realistically first half of 2027 at the earliest.

Texas court doesn’t hang about, so if LG let it get to trial and assuming they lose we should get an idea of any award, which would no doubt be appealed against. All academic if the company is sold.

Perhaps a smoke screen in the way that Samsung invested in Nanosys to divert attention from what they were up to with Hansol?

These Koren OEM's are as bent as they come.

Nanosys, now Shoei, listed LG as one of their customers. AFAIK there have only ever been three companies who can and have supplied at large scale -Nanosys/SHoei, Nanging and Hansol. Nanoco have had the capacity to supply at scale, but it has never been realised.

QNED have been on sale for about four years (since middle of 2021), and they mainly occupy the premium sector of the market which is fairly small.

Not able to find any definitive figures, LG occupy about 19% of the premium TV market, although I suspect a large part of that is their OLED screens which don't use QD's, unlike Samsungs.

I think the inclusion of an LG display with QD's in the Macbook pro is more significant. Macbook pros count for over 50% of sales in the US, the global sales figure for macs is around 25m units per annum, so if Macbook pros account for say a third of that, then you're looking at in excess of 8m screens per year.

Figures may of course be more or less, but it's still a lot of screens.

Last time the company was placed on the market, it was withdrawn after 5 months through insufficient interest. We're well past that now, which suggests to me that someone is a little more interested this time around. We'll see.

Equates to about $50m a year, don’t think that will go very far. Consider that Meta are investing around $20bn a year into AR at present.

The Chinese are doing to Korean OEM’s what Korea did to the Japanese display industry.