Corning's latest high-performance
glass aids with manufacturing efficiency
CORNING, N.Y., June 11,
2015 - Corning Incorporated (NYSE: GLW) and Tianma
Micro-Electronics Group today announced Tianma's selection of
Corning Lotus(TM) NXT Glass for its two new low-temperature
polysilicon (LTPS) display panel models.
Tianma successfully incorporated Lotus NXT Glass
into its 5.46-inch and 4.97-inch full high-definition products.
Tianma creates LTPS panels for use in high-resolution smartphones
and tablets that feature upward of 500 pixels per inch (ppi).
"After evaluating Lotus NXT Glass in our
manufacturing lines, we are confident it will meet both our tough
requirements and our customers' tough requirements for high-ppi
displays," said Wang Lei, general manager, Tianma Xiamen. "In
particular, we are impressed with its low level of total pitch
variation and its excellent etching performance."
Lotus NXT Glass provides industry-leading levels
of minimal total pitch variation. This allows panel makers to use
tighter design rules, helping them improve yields and develop
higher-resolution devices with lower power consumption.
"We're pleased to continue our collaboration with
one of the display industry's fastest-growing panel makers," said
Michael Kunigonis, business director, High Performance Displays,
Corning Glass Technologies. "Tianma's inventive spirit aligns with
Corning's rich history of innovation, and together, we will enable
some of the industry's most cutting-edge displays."
Corning unveiled Lotus NXT Glass June 1 at Display
Week in San Jose, Calif., an industry tradeshow hosted by the
Society for Information Display.
Tianma's G5.5 LTPS line, which has entered mass
production, is located in Xiamen, China and has a capacity of
30,000 TFT and 30,000 color-filters per month. Now, Tianma is
setting up two G6 LTPS lines in Wuhan and Xiamen, China. Each of
these lines will have a capacity of 30,000 TFT and 30,000
color-filters per month.
Tianma plans to commercialize its latest panels
featuring Lotus NXT Glass by the end of the third quarter of
2015.
Forward-Looking and Cautionary
Statements
This press release contains "forward-looking statements" (within
the meaning of the Private Securities Litigation Reform Act of
1995), which are based on current expectations and assumptions
about Corning's financial results and business operations, that
involve substantial risks and uncertainties that could cause actual
results to differ materially. These risks and uncertainties
include: the effect of global political, economic and business
conditions; conditions in the financial and credit
markets; currency fluctuations; tax rates; product demand
and industry capacity; competition; reliance on a concentrated
customer base; manufacturing efficiencies; cost reductions;
availability of critical components and materials; new product
commercialization; pricing fluctuations and changes in
the mix of sales between premium and non-premium products; new
plant start-up or restructuring costs; possible
disruption in commercial activities due to terrorist activity,
armed conflict, political or financial instability, natural
disasters, adverse weather conditions, or major health concerns;
adequacy of insurance; equity company activities; acquisition and
divestiture activities; the level of excess or obsolete inventory;
the rate of technology change; the ability to enforce patents;
product and components performance issues; retention of key
personnel; stock price fluctuations; and adverse litigation or
regulatory developments. These and other risk factors
are detailed in Corning's filings with the Securities and
Exchange Commission. Forward-looking statements speak only as
of the day that they are made, and Corning undertakes no obligation
to update them in light of new information or future events.
About Tianma Micro-Electronics
Group
Tianma Micro-Electronics Group
(www.tianma.cn), based in China and founded in 1983, is one of the
world's leading manufacturers of liquid crystal displays (LCD).
Tianma specializes in design, manufacture, and supply of
high-quality LCD products and offers a full range of LCD
display solutions from Graphic Mono LCD to full-color TFT
modules. Tianma's products are widely used in smart phones,
tablets, smart wearable devices, automobile displays, medical
displays, industrial control, aviation displays and many other
fields. Tianma provides customers with the best product experience
through the dual brands of both Tianma and NLT. Tianma is committed
to innovate continuously, better serve customers and meet the
differentiated needs of application areas. Tianma owns plenty
of independent display technologies including Oxide-TFT, AM-OLED,
LTPS-TFT, flexible display, transparent display, 3D display and
IN-CELL/ON-CELL integrated touch technology. Tianma has set up
National Engineering Laboratory of TFT-LCD key materials and
Technology, national enterprise technical center, post-doctoral
mobile workstations, and undertake several national projects from
the National Development and Reform Commission, Ministry of Science
and Technology, Ministry of Industry and Information Technology,
etc.
About Corning
Incorporated
Corning (www.corning.com) is one of the world's leading innovators
in materials science. For more than 160 years, Corning has applied
its unparalleled expertise in specialty glass, ceramics, and
optical physics to develop products that have created new
industries and transformed people's lives. Corning succeeds through
sustained investment in R&D, a unique combination of material
and process innovation, and close collaboration with customers to
solve tough technology challenges. Corning's businesses and markets
are constantly evolving. Today, Corning's products enable diverse
industries such as consumer electronics, telecommunications,
transportation, and life sciences. They include damage-resistant
cover glass for smartphones and tablets; precision glass for
advanced displays; optical fiber, wireless technologies, and
connectivity solutions for high-speed communications networks;
trusted products that accelerate drug discovery and manufacturing;
and emissions-control products for cars, trucks, and off-road
vehicles.
Media Relations Contact -
Corning:
Reagan
Terry
(607)
974-6021
terryrj@corning.com
Media Relations Contact - Tianma
Micro-Electronics Co. Ltd:
Liu Changqing
86-0755-86225886
changqing_liu@tianma.cn
Investor Relations Contact -
Corning:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com
Links:
Tianma Micro-Electronics Co. Ltd
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announcement is distributed by NASDAQ OMX Corporate Solutions on
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Corning Incorporated via Globenewswire
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