Scientists in the UK have invented a new material that could promise to significantly reduce the amount of energy required to power a smartphone screen.
Such an innovation would undoubtedly have a major impact on the smartphone industry and drastically cut the amount of charging required by the devices, as 90 per cent of the battery power of most mobile devices is used to illuminate its display.
Dr Peiman Hosseini, founder of Bodle Technologies, has secured a large but unspecified sum of seed finance from the Oxford Sciences Innovation (OSI) fund.
This is the innovation investment arm of Oxford University, which commands £320 million of growth capital.
Speaking to the Telegraph, Dr Hosseini argued that his new creation has the potential to create a whole new market.
The technology is based on the same material used for rewriteable DVDs and uses electrical pulses to create vivid, hi-tech displays that require no power. These screens can even be viewed clearly in direct sunlight.
Bodle Technologies is already in talks with some of the largest consumer electronics corporations in the world, which cannot be named at this stage of the negotiations for legal reasons.
Dr Hosseini emphasised just how much less time would be required to charge a smartphone that incorporated such material into its design.
"You have to charge smartwatches every night, which is slowing adoption. But if you had a smartwatch or smart glass that didn’t need much power, you could recharge it just once a week," he commented.