Corning Announces First Global Smartphone with Gorilla® Glass 6

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News Release

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Gorilla Glass
Corning Announces First Global Smartphone with Gorilla® Glass 6
Corning Announces First Global Smartphone with Gorilla® Glass 6
Corning NY | Corning | August 02, 2018

OPPO’s new flagship model to utilize Gorilla Glass 6 for improved durability

CORNING, N.Y., August 2, 2018  — Corning Incorporated (NYSE:GLW) today announced that Guangdong OPPO Mobile Telecommunications Corp., Ltd will be the first mobile device manufacturer to adopt Corning’s latest breakthrough in cover glass technology, Corning® Gorilla® Glass 6. OPPO’s new flagship model utilizing Gorilla Glass 6 is slated for release in the coming weeks.

Unveiled in July 2018, Gorilla Glass 6 is the company’s most durable cover glass to date. Research shows that consumers drop their smartphone on average seven times per year. To improve cover glass performance, Corning scientists developed and engineered an entirely new material to address the challenge of multiple drops. On average, in lab tests, Gorilla Glass 6 survived 15 drops from 1 meter onto rough surfaces. Under the same test conditions, competitive glass compositions, such as soda lime and aluminosilicate, did not survive the first drop.

“We are excited to have OPPO adopt Gorilla Glass 6,” said John Bayne, vice president and general manager, Corning Gorilla Glass. “OPPO’s new flagship model will provide consumers, who depend on their smartphone for every interaction in their digital lives, increased protection against multiple drops.”

In addition to designing Gorilla Glass 6 into its latest flagship model, OPPO was also one of the leading adopters of Gorilla Glass 5, using the cover glass across a broad range of its smartphone portfolio, including the recently launched OPPO Find X and R15 models.

“OPPO and Corning have always maintained a close working relationship, which has enabled a superior user experience for consumers through multiple versions of OPPO smartphones,” said Andy Wu, vice president, OPPO. “We are excited to be the first to adopt Gorilla Glass 6 on our upcoming smartphone, and we believe that consumers around the globe will enjoy an unprecedented experience.”

Today, Corning Gorilla Glass has been designed into more than 6 billion devices by more than 45 major brands. Gorilla Glass 6 is the latest example of Corning’s continued commitment to innovation – using its core understanding of materials science and process-development expertise to create life-changing products and extend Corning’s market leadership in mobile consumer electronics.

For additional information, videos, and images please visit our media resource center.

About OPPO
OPPO is a leading global smartphone brand. Based on the brand elements of young and trend-setting, OPPO is dedicated to providing products infused with art and innovative technology to young consumers and creating delighted experience of digital life. For over a decade, OPPO has been focused on mobile photography technology innovation and is the company that started the era of smartphone selfies and beautification. According to IDC in 2017, OPPO ranked fourth in terms of shipments in the global smartphone market, and first in the China market. OPPO has entered 31 countries and regions around the world and has the OPPO Research Institute (Shenzhen) with six global research centers. More than 200 million young people around the world are using OPPO camera phones now.

About Corning Gorilla Glass
Corning Gorilla Glass was launched in September 2007, literally creating the cover glass industry it currently leads. Since its inception, Corning Gorilla Glass has become the cover glass of choice for device manufacturers around the globe. The durable cover glass technology has been designed into more than 6 billion consumer electronic devices by more than 45 major OEMs. Today, it would be difficult to find a premium handheld device, anywhere in the world, without Corning Gorilla Glass. Formed through Corning’s proprietary fusion draw process and strengthened through an ion-exchange process, Corning Gorilla Glass continues to deliver industry-leading performance and durability with a thin, pristine surface that is ideal for the Mobile Consumer Electronics industry, as well as Automotive and Interior Architecture applications.

Caution Concerning Forward-Looking 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 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 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 Contacts:                          
Sarah Pakyala
(607) 974-4902
pakyalaSI@corning.com

Gabrielle Bailey                              
(607) 974-6394                                              
baileygr@corning.com            

Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com

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