Partnership Will Enable Mainstream Adoption of Rec. 2020 HDR Displays With a Cost-Effective, Slim-Profile Quantum Dot Backlight Design
FREMONT, CA--(Marketwired - Jan 5, 2016) - CES LAS VEGAS Sigma Designs® (NASDAQ: SIGM), a leading provider of intelligent system-on-chip (SoC) solutions focused on Internet of Things (IoT), Smart TV and media connectivity markets, and QD Vision, the global leader in quantum dot display technology, today announced a strategic partnership to develop a cost-effective UHD TV platform with High Dynamic Range (HDR) and Rec. 2020 performance. The platform will be based on Sigma's TV SoC and frame rate conversion (FRC) chips, and QD Vision's Color IQ(tm) quantum dot (QD) technology.
In the quest for better pixels and lower costs, LCD TV makers are working quickly to adopt important new technologies like HDR and QD technology. The next wave of Ultra HD TVs will offer the combination of HDR and Rec. 2020 to offer the most life-like and immersive consumer viewing experience. So far, these capabilities can only be found in the extreme high-end of the TV market. Achieving mainstream adoption without sacrificing image quality requires tighter integration between the TV's firmware (e.g. SoC or FRC) and its hardware (e.g. backlight, panel, etc.), which spurred the strategic partnership between Sigma Designs and QD Vision.
"We expect HDR to become a mainstream feature in UHD TVs very soon. To help our customers to offer cost effective and performance optimized solution, Sigma Designs and QD Vision are working together to combine High Dynamic Range and Rec.2020 Wide Color Gamut in an intelligent way to improve the combined image quality," said Alfred Chan, Sigma Designs' vice president, product marketing multimedia business unit. "QD Vision's Color IQ optics, combined with Sigma's extensive video processing expertise, will enable OEMs to approach the cutting-edge Rec. 2020 color to deliver the best HDR performance."
QD Vision and Sigma Alliance have developed a reference design for TV manufacturers to accelerate commercialization of high-performance Rec. 2020 HDR UHD TVs with minimal financial and R&D investment. In addition, the reference design will leverage cost-effective components from both companies to enable affordable, slim-profile Rec. 2020 HDR TVs in both curved and flat display configurations.
QD Vision's VP of Products, Jim Carlton, adds: "HDR and wide color gamut solutions like our Color IQ solutions are, in two words, better together. We at QD Vision are excited to be working with an industry leader like Sigma Designs to fully integrate HDR and wide color gamut technologies into their SoC and FRC solutions. With Color IQ technology, we've demonstrated that we can already expand the color gamut range of LCDs to achieve >90% Rec. 2020, a color space that displays using OLED technology will have difficulty reaching. With this new collaboration, we're heading toward a price-performance range where OLED displays won't be able to compete."
Sigma is demonstrating the QD Vision platform, powered by the Sigma Designs SoC and FRC at CES 2016 in Las Vegas, January 6-9 in the Westgate Hotel, suite 2992.
About QD Vision, Inc.
QD Vision, Inc. is a leader in quantum dot display technology for QLED displays. Quantum dot technology is a superior next-generation alternative to OLED displays, providing unparalleled color representation at a highly competitive LCD cost structure. Color IQ quantum dot technology from QD Vision provides a unique optical component solution capable of delivering "full-gamut" color to the display industry. Founded in 2004, the company has raised more than $100 million in financing from top-tier venture capital firms and is headquartered in Lexington, Massachusetts. http://www.coloriq.com
COLOR IQ, QLED, and QD VISION are trademarks of QD Vision, Inc. The COLOR IQ and QD VISION trademarks are registered in one or more countries.
About Sigma Designs, Inc.
Sigma Designs, Inc. (NASDAQ: SIGM) is a world leader in connected media platforms. The company designs and builds the essential semiconductor technologies that serve as the foundation for the world's leading IPTV set-top boxes, connected media players, residential gateways, home control systems and more.
Sigma Designs and the Sigma Designs logo are either registered trademarks or trademarks of Sigma Designs, Inc. and its subsidiaries in the United States and other countries. All other trademarks mentioned herein are believed to be trademarks of their respective owners.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements about the potential benefits of Sigma's TV SoC and frame rate conversion (FRC) chips, as well as Sigma's other product offerings and solutions. Actual results may vary materially due to a number of factors including, but not limited to: general economic conditions, including the rate of adoption ofSigma's TV SoC and frame rate conversion (FRC) chips, Sigma's ability to deploy and achieve market acceptance for Sigma's products in its target markets, the ability of Sigma's products and technologies to compete with other products or technologies in these markets as well as other risks that are detailed from time to time in Sigma's filings with the Securities and Exchange Commission. In particular, see Sigma's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available online and by request from Sigma. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Sigma undertakes no obligation to publicly release or otherwise disclose the result of any revision to these forward-looking statements that may be made as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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