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The company was formed in December 2024 to own the electronics division of DuPont. In November 2025, DuPont completed the corporate spin-off of the company. The name "Qnity" was devised by Lippincott to include the letter " Q ", the emblem of the power icon on electronics devices, as well as the word "unity". DuPont had expanded heavily into electronics in 1987. It acquired Laird Performance Materials for $2.3 billion in July 2021.
In March 2026, the company partnered with Nvidia to engage in research and development of materials for semiconductors and packaging technology for artificial intelligence and high-performance computing. Also in March 2026, the company was added to the domestic supply chain of Apple Inc. The company also announced a $61.5 million investment in Taiwan by acquiring the N9 plant in Zhunan, Miaoli County, from Ennostar.