(Reuters) - Nanoco Group Plc (L:NANON) said its full-year loss widened as some of its joint development agreements ended in 2013, and it spent more on the commercialisation of its quantum dots technology.
Nanoco, a University of Manchester spin-out company, said it was in various stages of development process with a number of display makers from South Korea, Japan, United States, China and Taiwan for televisions, monitors and tablets.
Loss for the year ended July 31 increased to 9.06 million pounds from 5.04 million pounds. Revenue more than halved to 1.4 million pounds from 3.9 million pounds.
The AIM-listed company said last month it expected commercial production of its quantum dots, used to make vibrant screen displays, to begin in the first half of next year at a plant in South Korea being built by its partner, Dow Chemical Co.
(Reporting by Aashika Jain in Bangalore; Editing by Gopakumar Warrier)