New glass substrate is specially
formulated for high-performance tablets, notebooks, and 8K
TVs
CORNING, N.Y.; MAY 13, 2019 - Corning
Incorporated (NYSE: GLW) today introduced a new glass substrate,
Corning® Astra(TM)
Glass, optimized for mid-to-large-size, immersive displays in
high-performance tablets, notebooks, and 8K TVs. Corning will
showcase this innovation, alongside other industry-leading
solutions in its advanced glass portfolio, at the Society for
Information Display's (SID) Display Week in San Jose, California.,
May 14-16 at booth #1119.
Astra Glass is precisely engineered 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. To build a display that meets those performance
expectations, panel makers need a thermally and dimensionally
stable glass to improve yields while achieving the desired
resolution.
"After years of close collaboration with
customers, we've learned what they need in an oxide display glass
to bring 8K resolution to larger devices and sets - low total pitch
variation, low total thickness variation, and low sag," said Han
Yim, business director, High-Performance Displays, Corning Glass
Technologies. "Astra Glass meets the precise, high-temperature
requirements of oxide processing and joins our portfolio of display
substrates, alongside EAGLE XG® Glass and
Lotus(TM) NXT Glass,
to cover the entire spectrum of our customers 'needs."
Astra Glass enables a range of high-performance
panels - from the high end of the a-Si space into IGZO oxide. Its
attributes position Astra Glass as the foundation for large-size 8K
TVs and high-performance notebooks and tablets with bright picture
quality and fast response times.
In addition to Astra Glass, the Corning booth will
feature:
- Corning Lotus(TM) 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 six billion devices - delivering superior damage
resistance, optical clarity, and touch sensitivity.
- Augmented Reality Precision Glass Solutions:
enables cutting-edge augmented reality/mixed reality experiences
with industry-leading glass optimized for sleek wearable designs.
Corning's ultra-flat, high refractive index glass enables superior
image quality in waveguides, while its industry-leading size
supports customers' efforts to reduce cost. Corning also offers
world-class metrology instruments and automated laser glass-cutting
machining that improve high-volume manufacturing.
- 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.
Also during Display Week, Corning experts will
present at the 2019 SID/DSCC Business Conference, the Exhibitors
Forum, and the Display Week Symposium.
Caution Concerning
Forward-Looking Statements
The statements contained in this release that are
not historical facts or information and contain words such as
"will," "believe," "anticipate," "expect," "intend," "plan,"
"seek," "see," "would," and "target" and similar expressions are
forward-looking statements. These forward-looking statements are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 and include estimates and
assumptions related to economic, competitive and legislative
developments. Such statements relate to future events that by their
nature address matters that are, to different degrees,
uncertain. These estimates are subject to change and
uncertainty which are, in many instances, beyond our control. There
can be no assurance that future developments will be in accordance
with management's expectations. Actual results could differ
materially from those expected by us, depending on the outcome of
various factors. We do not undertake to update forward-looking
statements.
Some of the risks, uncertainties and other factors
that could cause actual results to differ materially from those
expressed in or implied by the forward-looking statements include,
but are not limited to: the effects of acquisitions, dispositions
and other similar transactions, 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, 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;
the impacts of audits by taxing authorities; 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.
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
Incorporated
Corning (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
Follow Corning: RSS Feeds |
Facebook | Twitter | YouTube
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
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
Corning (NYSE:GLW)
Historical Stock Chart
From Aug 2024 to Sep 2024
Corning (NYSE:GLW)
Historical Stock Chart
From Sep 2023 to Sep 2024