Quantum Materials Corp. (QMC) has launched a joint venture with China’s Guanghui Technology Group (GTG). GTG will invest $20 million to build QMC’s QDX quantum dot production facilities and quantum dot application development in China.
The name of the joint venture, registered in Hong Kong, will be Quantum Materials Asia Co. Ltd. The company will be able to begin supplying QDs to clients by Q3’16. “Serious discussions” have already been held with several potential clients, said Liu Xiao, CEO of GTG.
