O ne of the important fields in nanotechnology research is the design of IIϪVI wide gap semiconductor composite structures to obtain novel properties for a variety of applications such as photonic devices, biological labeling, light-emitting diodes, and solar cells. 1Ϫ3 The most studied systems are the nanocrystals of CdSe and ZnSe, their core/shell structures or Zn x Cd 1Ϫx Se solid-solution nanocrystals and quantum dots. 4Ϫ6 It is important for the mixed nanocrystals to exhibit a wide tunable absorption spectra, high luminescence efficiency, and the ability to tune the emission characteristics by varying the size, shape, and inherent composition. However, the applicability of the luminescent nanocrystals, such as stability and high luminescent quantum efficiency under real operation conditions, suffer from the passivation of dangling bonds present on the nanocrystal surface. 7 To solve this problem, organic ligands were attached to the nanocrystal surface, which allowed high photoluminescence (PL) efficiency, but the PL efficiency was strongly dependent on the nanocrystal surroundings, due to oxidation of the particle surface. 8,9 The nanocrystals were also encapsulated with silica to make them hydrophilic for biological applications, but involved the use of toxic reactants such as tetraethyl orthosilicate (TEOS). 10 Recently, nanocrystals of diluted magnetic semiconductors were encapsulated with a carbon shell in order to reduce their toxicity for biological applications. 11,12 Moreover, carbon encapsulation of the semiconductor nanocrystals have shown to improve the optical properties and enhance the PL emission. 13,14 The ternary ZnϪCdϪSe system in the form of nanowires, 15 nanorods, 16 nanocrystals, 6 or quantum dots, 17 and the core/shell ZnSe/CdSe counterparts 18,19 were studied in great detail in the literature. The nanostructures were synthesized by a variety of techniques such as wet chemical synthesis which involve colloidal solutions, 16 cation exchange reactions, 20 and capping of the showed striations in the nanocrystals that are indicative of a composition modulation, and possibly reveal a phase separation and spinodal decomposition within the nanocrystals. Thermal quenching of the luminescence for both the near band-edge and defect related emissions were observed in the range 60؊300 K. The measured activation energies of ϳ50؊70 meV were related to the presence of shallow donors or acceptors, deep level emissions, and thermal activation and quenching of the luminescence due to the thermal release of electrons from shallow donors to the conduction band or a thermal release of holes from shallow acceptors to the valence band. Spatially integrated CL spectra revealed the existence of broadening and additional components that are consistent with the presence of a composition modulation in the nanocrystals. Spatial localization of the emission in isolated single nanocrystals was studied using monochromatic CL imaging and local CL spectroscopy. CL spectra acquired by a highly localized excitation of ...