Collaboration
enables independent supply chain for mass production of AR
wearables
CORNING, N.Y., and
LONDON; JANUARY 7, 2019 - Corning Incorporated (NYSE: GLW), the world's
leading supplier of high refractive index glass for eyewear, and
WaveOptics, a leading designer and manufacturer of diffractive
waveguides for use in augmented reality (AR) wearables, will
conduct private demonstrations of wearable AR displays Jan. 8-11 at
CES 2019 in Las Vegas.
WaveOptics' wearable AR displays will feature
Corning's high-refractive index glass, which is specially designed
for AR waveguides. This ultra-flat glass enables a wide field of
view and crisp images, which are important for an immersive
experience.
Corning and WaveOptics recently signed a long-term
supply agreement in which Corning provides high-index glass wafers
for WaveOptics' waveguides.
It is one of several recent collaborations
announced by WaveOptics - including one with original design
manufacturer, Goertek, and nano-imprint lithography equipment
maker, EV Group.
"We have been working hard to lower the bill of
materials for high-quality AR devices. Working with WaveOptics to
assemble a global supply chain that will dramatically simplify
access to high-quality augmented reality is a major part of that
effort," said David Velasquez, division vice president and general
manager of Corning Precision Glass Solutions. "Corning is excited
to work with WaveOptics and our joint partners to help enable the
growth of such a young, dynamic industry."
David Hayes, WaveOptics CEO, commented:
"At CES 2019, we will demonstrate the high-quality
AR optical performance of our waveguides using Corning's
ultra-flat, high-index glass wafers. This follows the recent news
that Corning and WaveOptics signed a long-term supply agreement for
supply of glass wafers for our AR optics.
"The combination of our waveguide technology and
Corning's high-index glass will be a key enabler of immersive AR,
where image quality is vital to driving mass adoption."
WaveOptics' waveguides are designed with superior optical
performance and mass manufacturing in mind. The patented waveguide
technology allows the creation of a large viewing window in which
to experience AR, providing immersive experiences for industrial,
enterprise, and consumer applications.
Corning has experience delivering mass-production
quantities of the largest, ultra-flat, high-index glass substrates
for leading augmented reality device makers. Corning Augmented
Reality Solutions are one of several products in Corning's
portfolio of Precision Glass Solutions that leverage the company's
precision optics and forming capabilities to address the emerging
need for glass across microelectronics.
Corning provides augmented reality designers and
OEMs with a one-stop shop for world-class capabilities including
proprietary glass and ceramic manufacturing platforms, finishing
processes, bonding technologies, best-in-class metrology, automated
laser glass-cutting, and optical design expertise.
Those wishing to view the private demonstrations
of wearable AR displays should contact Kaitlin Cutler,
cutlerk@corning.com; or Suzie Smith, s.smith@enhancedworld.com
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Forward-Looking Statements
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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
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Technologies segment, to maintain profitable operations and obtain
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For a complete listing of risks and other factors,
please reference the risk factors and forward-looking statements
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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.
About WaveOptics
WaveOptics is the world's leading designer and
manufacturer of diffractive waveguides, the key optical component
in wearable augmented reality (AR) devices.
AR wearables, such as smart glasses, enable users
to see computer-generated images overlaid on top of the real
world. There are two key elements that allow these images to
be seen - a light source such as a minute projector and a means of
transferring the image from the projector into the user's eyes.
WaveOptics' waveguide technology transfers the
light waves from the light source and projects them into the user's
eye. The technology produces a large eye-box, binocular viewing and
a high field of view. The eye-box (the viewing window) is the size
of the AR display from which the full image is visible. WaveOptics'
waveguides deliver crisp, undistorted text as well as stable
imagery.
WaveOptics technology is designed to be used for
immersive AR experiences in Industrial, enterprise and consumer
markets. The Company aims for its waveguides to be the core optical
component used in all AR wearable devices, driven by its unique
technology and expertise, which enable unparalleled manufacturing
scalability and visual performance as well as versatility for
numerous applications.
Media Relations
Contact:
Corning
Kaitlin
Cutler
(607) 684-4134
cutlerk@corning.com
Joe Dunning
(607)974-5006
dunningjm@corning.com
WaveOptics
Suzie Smith
+44 1235 841526
s.smith@enhancedworld.com
Instinctif
Partners
Adrian Duffield/Chantal Woolcock
+44 2074 572077
Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com
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information contained therein.
Source: Corning Incorporated via Globenewswire
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