We demonstrate the
effect of air exposure on optical and electrical
properties of ZnMgO nanoparticles (NPs) typically exploited as an
electron transport layer in Cd-based quantum-dot light-emitting diodes
(QLEDs). We analyze the roles of air components in modifying the electrical
properties of ZnMgO NPs, which reveals that H
2
O enables
the reduction of hole leakage while O
2
alters the character
of charge transport due to its ability to trap electrons. As a result,
the charge balance in the QDs layer is improved, which is confirmed
by voltage-dependent measurements of photoluminescence quantum yield.
The maximum external quantum efficiency is improved over 2-fold and
reaches the value of 9.5% at a luminance of 10
4
cd/m
2
. In addition, we investigate the problem of electron leakage
into the hole transport layer and show that trap-mediated electron
transport in the ZnMgO layer caused by adsorbed O
2
ensures
a higher leakage threshold. This work also provides an insight into
the possible disadvantages of device contact with air as well as problems
and challenges that might occur during open-air fabrication of QLEDs.