“…Quantum dot (QD)-sensitized photon upconversion has achieved high upconversion quantum yields (QYs) − and received increasing attention in recent years because of the desirable properties of QD sensitizers, ,− including their tunable band gap from the visible region to the near-infrared spectral region, nearly degenerate singlet/triplet excitons at room temperature, easily modified surface chemistry, and long exciton lifetimes . Similar to well-established polymer upconversion systems − and other triplet–triplet annihilation (TTA)-based upconversion devices, − in a typical QD-sensitized photon upconversion system (Figure A), the photogenerated excitons in the QD are transferred sequentially to the surface-bound triplet mediator and then the emitter in solution, and two excited emitters collide and undergo TTA to form a bright singlet excited state (and a ground-state emitter), from which a higher-energy photon is emitted. , The total upconversion QY (UCQY) can be expressed as the product of the QYs of these individual steps Here, Φ ex is the triplet exciton generation QY of the QD sensitizer, which is close to unity because the strong spin–orbital angular momentum coupling in QDs mixes singlet and triplet spin characters in exciton states; Φ TET1 is the QY of triplet energy transfer (TET) from the excited QD to the adsorbed mediator; ,,− Φ TET2 is the QY for TET from the adsorbed mediator to the emitter in the solution; Φ TTA is the TTA QY; and Φ FL is the QY of singlet fluorescence, which is often close to unity . Here, the maximum UCQY is 100% when two photons are converted into one photon in accordance with our previous reports.…”