Corning Incorporated (NYSE: GLW) today announced Corning® Astra™
Glass received the Gold Panel Display Component Technology Award at
Touch Taiwan. Corning will showcase Astra Glass, along with its
other industry-leading advanced glass solutions, at Touch Taiwan
2019 in Taipei, Taiwan, Aug. 28-30 in booth #K804.
“It’s a great honor to be recognized with the Display Component
Technology Award,” said Han Yim, business director, High
Performance Displays, Corning Display Technologies. “This award
validates Corning’s ability to design and manufacture a glass that
fulfills customer requirements for high-performance notebooks,
tablets, and 8K TVs.”
The Gold Panel Award – presented by Taiwan’s Industrial
Development Bureau, and Ministry of Economic Affairs, along with
the Taiwan Display Union Association – recognizes a company that is
actively engaged in the development and production of display
materials or equipment in Taiwan. Award candidates are evaluated
based on three main categories: marketability, innovation, and
technology.
Designed for its ability to enable the higher pixel density of
high-performance displays that panel makers require to meet
consumer demand for brighter, faster, and more lifelike images,
Astra Glass was the only glass solution to win the 2019 Display
Component Technology Award.Also during Touch Taiwan, Han Yim will
present at the Global Market and Technology Keynote on Wednesday,
Aug. 28.
“Touch Taiwan is one of the industry’s largest tradeshows of the
year in Taiwan,” said Daniel Tseng, president, Corning Display
Technologies Taiwan. “Corning’s participation is an opportunity for
us to showcase our latest product offerings and demonstrate to
customers we are innovating to meet the demands of the
industry.”
In addition to Astra Glass, the Corning booth will feature:
- Corning® EAGLE XG® Slim Glass: enables panel manufacturers to
innovate for thinner, lighter, and more environmentally-conscious
display panels. Ideally suited for a-Si LCD applications, EAGLE XG®
Slim glass is the industry-leading substrate for evolving
displays.
- Corning Lotus™ NXT Glass: enhances the design and
manufacture of high-performance displays and is optimized for the
expanding LTPS-LCD and LTPS-OLED industries. Featuring superior key
attributes for flexible OLED panel manufacturing, Lotus NXT Glass
leads the industry, having enabled more than 375 million flexible
OLED phones since 2015.
- Corning® Gorilla® Glass: is the cover glass of choice for more
than 45 major OEMs and is featured on more than 6 billion devices –
delivering superior damage resistance, optical clarity, and touch
sensitivity.
- Corning Iris® Glass: a light-guide plate for edge-lit LCD
displays. Due to its intrinsic rigidity and dimensional stability,
it outperforms the incumbent technology – plastic – and allows
manufacturers to reduce set thickness, increase set brightness, and
design sets with slimmer bezels.
- Precision Glass Solutions: A one-stop shop within Corning for
customizable glass wafers and panels, plus deep technical support
throughout Corning’s customers’ product development cycle, and
value-add processing technologies. Precision Glass Solutions
supports customers pursuing emerging applications in the
semiconductor and consumer electronics industries. Through this
business, Corning has delivered more than 7 million wafers and
enabled more than 300,000 devices to date.
- Corning Laser Technologies (CLT): A business unit within
Corning that’s on the forefront of laser innovation. CLT offers
proprietary laser systems that cut glass with low surface
roughness, increased as-cut bend strength, and faster throughput.
These machines can be fully automated, run in a 24/7 manufacturing
environment, and support a wide range of emerging applications
including cover glass and augmented reality wearables.
Caution Concerning Forward-Looking
StatementsThis 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 effects of acquisitions,
dispositions and other similar transactions by the Company, the
effect of global business, financial, economic and political
conditions; tariffs and import duties; currency fluctuations
between the U.S. dollar and other currencies, primarily the
Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South
Korean won; product demand and industry capacity; competitive
products and pricing; availability and costs of critical components
and materials; new product development and commercialization; order
activity and demand from major customers; the amount and timing of
our cash flows and earnings and other conditions, which may affect
our ability to pay our quarterly dividend at the planned level or
to repurchase shares at planned levels; possible disruption in
commercial activities due to terrorist activity, cyber-attack,
armed conflict, political or financial instability, natural
disasters, or major health concerns; unanticipated disruption to
equipment, facilities, IT systems or operations; effect of
regulatory and legal developments; ability to pace capital spending
to anticipated levels of customer demand; rate of technology
change; ability to enforce patents and protect intellectual
property and trade secrets; adverse litigation; product and
components performance issues; retention of key personnel; customer
ability, most notably in the Display Technologies segment, to
maintain profitable operations and obtain financing to fund their
ongoing operations and manufacturing expansions and pay their
receivables when due; loss of significant customers; changes in tax
laws and regulations including the Tax Cuts and Jobs Act of 2017;
and the potential impact of legislation, government regulations,
and other government action and investigations.
For a complete listing of risks and other factors, please
reference the risk factors and forward-looking statements described
in our annual reports on Form 10-K and quarterly reports on Form
10-Q. 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.
Web Disclosure In accordance with guidance
provided by the SEC regarding the use of company websites and
social media channels to disclose material information, Corning
Incorporated (“Corning”) wishes to notify investors, media, and
other interested parties that it uses its website
(http://www.corning.com/worldwide/en/about-us/news-events.html) to
publish important information about the company, including
information that may be deemed material to investors, or
supplemental to information contained in this or other press
releases. The list of websites and social media channels that the
company uses may be updated on Corning’s media and website from
time to time. Corning encourages investors, media, and other
interested parties to review the information Corning may publish
through its website and social media channels as described above,
in addition to the company’s SEC filings, press releases,
conference calls, and webcasts.
About Corning IncorporatedCorning
(www.corning.com) is one of the world's leading innovators in
materials science, with a more than 165-year track record of
life-changing inventions. Corning applies its unparalleled
expertise in glass science, ceramic science, and optical physics
along with its deep manufacturing and engineering capabilities to
develop category-defining products that transform industries and
enhance people's lives. Corning succeeds through sustained
investment in RD&E, a unique combination of material and
process innovation, and deep, trust-based relationships with
customers who are global leaders in their industries.
Corning's capabilities are versatile and synergistic, which
allows the company to evolve to meet changing market needs, while
also helping our customers capture new opportunities in dynamic
industries. Today, Corning's markets include optical
communications, mobile consumer electronics, display technology,
automotive, and life sciences vessels. Corning's industry-leading
products include damage-resistant cover glass for mobile devices;
precision glass for advanced displays; optical fiber, wireless
technologies, and connectivity solutions for state-of-the-art
communications networks; trusted products to accelerate drug
discovery and delivery; and clean-air technologies for cars and
trucks.
Media Relations
Contact: Brittany M.
Salgado
(607)
974-4015
Salgadobm2@corning.com
Investor Relations Contact: Ann H.S. Nicholson
(607) 974-6716 nicholsoas@corning.com
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