Corning Introduces Corning® Gorilla® Glass Victus™, The Toughest Gorilla Glass Yet, For Mobile Consumer Electronics
July 23 2020 - 9:30AM
Corning Incorporated (NYSE: GLW) today introduced its latest
breakthrough in glass technology, Corning® Gorilla® Glass Victus™.
Built on more than a decade-long legacy of delivering tough glasses
for smartphones, laptops, tablets, and wearables, Gorilla Glass
Victus provides consumers and OEMs with significantly better drop
and scratch performance compared to competitive aluminosilicate
glasses from other manufacturers.
“Corning’s extensive consumer research has shown that improved
drop and scratch performance are key components of consumer
purchasing decisions,” said John Bayne, senior vice president and
general manager, Mobile Consumer Electronics. In three of the
largest smartphone markets in the world – China, India, and the
United States – durability is one of the most important purchase
considerations for smartphones, second only to the device brand.
When tested against features such as screen size, camera quality,
and device thinness, durability was twice as important, and
consumers were willing to pay a premium for improved
durability. Additionally, Corning has analyzed feedback from more
than 90,000 consumers indicating that the importance of drop and
scratch performance has nearly doubled in seven years. “Dropped
phones can result in broken phones, but as we developed better
glasses, phones survived more drops but also showed more visible
scratches, which can impact the usability of devices,” Bayne said.
“Instead of our historic approach of asking our technologists to
focus on a single goal – making the glass better for either drop or
scratch – we asked them to focus on improving both drop and
scratch, and they delivered with Gorilla Glass Victus.” In lab
tests, Gorilla Glass Victus achieved drop performance up to 2
meters when dropped onto hard, rough surfaces. Competitive
aluminosilicate glasses from other manufacturers typically fail
when dropped from less than 0.8 meters. Gorilla Glass Victus also
surpasses Corning® Gorilla® Glass 6 with up to a 2x improvement in
scratch resistance. Additionally, the scratch resistance of Gorilla
Glass Victus is up to 4x better than competitive aluminosilicate
glasses. Gorilla Glass has been designed into more than 8 billion
devices by more than 45 major brands. Through the company’s Mobile
Consumer Electronics (MCE) Market-Access Platform, Corning
continues its legacy of innovation with its market-leading cover
glasses as well as glass and optics for semiconductor products that
enhance performance, deliver new connectivity features, enable new
designs, and support immersive user experiences with augmented
reality and 3D sensing. Samsung will be the first customer to adopt
Gorilla Glass Victus in the near future.For additional information,
videos, and images please visit our media resource center.
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 duration and severity of
the recent COVID-19 (coronavirus) outbreak, and its ultimate impact
across our businesses on demand, operations and our global supply
chains; 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.
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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
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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 169-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 mobile consumer electronics, optical communications,
automotive technologies, life sciences technologies, and display
technologies.
Corning Media Relations
Contacts:
Sarah Pakyala (607) 974-4902PakyalaSI@corning.com
Gabrielle
Bailey
(607)
974-6394
BaileyGR@corning.com
Corning Investor Relations Contact: Ann H.S.
Nicholson (607) 974-6716 Nicholsoas@corning.com
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