Samsung Electronics Co. Ltd., based in Seoul, South Korea, and Evident Technologies Inc. of Troy, N.Y., have entered into a patent licensing and purchasing agreement. Under the arrangement, Samsung has been granted worldwide access to Evident’s patent portfolio for all products related to quantum dot LEDs, from manufacture of nanomaterials to final LED production. Evident currently is focused on developing next-generation thermoelectric applications using its quantum dot material technology. Its goal is to increase the performance of thermoelectric devices through advances in nanomaterials. Thermoelectric devices can be used for solid-state heating and cooling as well as for directly converting waste heat into electricity.