Nobel Prize in Physics of 2023 was jointly awarded to Ekimov, Brus and Bawendi for the discovery of synthesis of quantum dots. In this context, discuss the applications of quantum dots.

Quantum dots are a type of semiconductors that work at the application of nanotechnology in electronics industry. Various applications of quantum dots: (1) Display technology: Quantum dots have wide ranging application in improving VED displays by enhancing color contrast and improve picture quality. (2) Reduced power consumption: Quantum dots are capable of producing different lights but cut the same time consume less power.

Is they hold promise in solving climate change. (3) Improving semiconductor chip design: Quantum dots can further enhance the speed and efficiency of integrated circuits by promoting further miniaturization. (4) It can help in improving the efficiency of solar panels by improving its energy conversion factors. This has potential to support global green energy transition and India's Panchayt goal of reaching 500+ renewable energy by 2030.