Corning to Showcase Advanced Glass Innovations at FPD China 2012
20 Marzo 2012 - 2:00AM
Business Wire
Corning Incorporated (NYSE: GLW) will showcase several of its
advanced glass technologies during FPD China 2012, held March 20-22
at the Shanghai New International Exhibition Centre. The
54-square-meter exhibition booth, located at #1657 in Hall E1, will
feature Corning LotusTM Glass for high-performance displays,
next-generation Corning® Gorilla® Glass, ultra-slim flexible glass,
and EAGLE XG® Slim Glass substrates.
Visitors to the booth can see how Corning is helping to advance
display products by providing a range of glasses addressing today’s
trends. For example, Gorilla Glass, which is currently used by 33
major brands, designed into more than 600 product models, and
featured on more than 600 million devices worldwide, helps meet the
demand for durable display glass. Corning Gorilla Glass 2 is the
next generation of the popular damage-resistant cover glass for
consumer electronic devices enabling up to a 20% reduction in cover
glass thickness. Booth visitors can experience the new glass’s
performance through a live demo. Visitors will also have the
opportunity to learn the attributes of Corning Lotus Glass, which
helps enable organic light-emitting diode (OLED) displays and
next-generation liquid crystal displays (LCD).
In a keynote speech at the China FPD Conference, which will be
held in conjunction with the exhibition, Li Fang, president,
Corning Display Technologies China, will share Corning’s
perspective on the current TFT-LCD market. “Today, the display
industry is focused on much more than creating larger screen sizes.
It is moving toward advanced displays that are thinner and more
durable with higher resolutions and increased performance,” Li
said. “As a result, Corning is diversifying its portfolio to help
its customers meet industry trends.”
It is estimated that China’s end-market demand will continue to
grow within the next three years.
“As a market leader in the TFT-LCD glass industry, Corning is
strongly committed to growing with the Chinese market and
supporting our customers with industry-leading glass technologies,”
Li said. “Our new facility with Gen 8.5 glass-melting and finishing
capabilities in Beijing is the company’s first full LCD glass
substrate facility in mainland China. We’re excited that the
construction is on track, and production is slated to begin in the
second half of this year.”
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 Corning Incorporated
Corning Incorporated (www.corning.com) is the world leader in
specialty glass and ceramics. Drawing on more than 160 years of
materials science and process engineering knowledge, Corning
creates and makes keystone components that enable high-technology
systems for consumer electronics, mobile emissions control,
telecommunications and life sciences. Our products include glass
substrates for LCD televisions, computer monitors and laptops;
ceramic substrates and filters for mobile emission control systems;
optical fiber, cable, hardware & equipment for
telecommunications networks; optical biosensors for drug discovery;
and other advanced optics and specialty glass solutions for a
number of industries including semiconductor, aerospace, defense,
astronomy, and metrology.
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