Corning Incorporated (NYSE: GLW) and Tianma Micro-Electronics Group today announced Tianma’s selection of Corning Lotus™ NXT Glass for its two new low-temperature polysilicon (LTPS) display panel models.
Tianma successfully incorporated Lotus NXT Glass into its 5.46-inch and 4.97-inch full high-definition products. Tianma creates LTPS panels for use in high-resolution smartphones and tablets that feature upward of 500 pixels per inch (ppi).
“After evaluating Lotus NXT Glass in our manufacturing lines, we are confident it will meet both our tough requirements and our customers’ tough requirements for high-ppi displays,” said Wang Lei, general manager, Tianma Xiamen. “In particular, we are impressed with its low level of total pitch variation and its excellent etching performance.”
Lotus NXT Glass provides industry-leading levels of minimal total pitch variation. This allows panel makers to use tighter design rules, helping them improve yields and develop higher-resolution devices with lower power consumption.
“We’re pleased to continue our collaboration with one of the display industry’s fastest-growing panel makers,” said Michael Kunigonis, business director, High Performance Displays, Corning Glass Technologies. “Tianma’s inventive spirit aligns with Corning’s rich history of innovation, and together, we will enable some of the industry’s most cutting-edge displays.”
Corning unveiled Lotus NXT Glass June 1 at Display Week in San Jose, Calif., an industry tradeshow hosted by the Society for Information Display.
Tianma’s G5.5 LTPS line, which has entered mass production, is located in Xiamen, China and has a capacity of 30,000 TFT and 30,000 color-filters per month. Now, Tianma is setting up two G6 LTPS lines in Wuhan and Xiamen, China. Each of these lines will have a capacity of 30,000 TFT and 30,000 color-filters per month.
Tianma plans to commercialize its latest panels featuring Lotus NXT Glass by the end of the third quarter of 2015.
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 Tianma Micro-Electronics Group
Tianma Micro-Electronics Group (www.tianma.cn), based in China and founded in 1983, is one of the world's leading manufacturers of liquid crystal displays (LCD). Tianma specializes in design, manufacture, and supply of high-quality LCD products and offers a full range of LCD display solutions from Graphic Mono LCD to full-color TFT modules. Tianma’s products are widely used in smart phones, tablets, smart wearable devices, automobile displays, medical displays, industrial control, aviation displays and many other fields. Tianma provides customers with the best product experience through the dual brands of both Tianma and NLT. Tianma is committed to innovate continuously, better serve customers and meet the differentiated needs of application areas. Tianma owns plenty of independent display technologies including Oxide-TFT, AM-OLED, LTPS-TFT, flexible display, transparent display, 3D display and IN-CELL/ON-CELL integrated touch technology. Tianma has set up National Engineering Laboratory of TFT-LCD key materials and Technology, national enterprise technical center, post-doctoral mobile workstations, and undertake several national projects from the National Development and Reform Commission, Ministry of Science and Technology, Ministry of Industry and Information Technology, etc.
About Corning Incorporated
Corning (www.corning.com) is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. Corning’s businesses and markets are constantly evolving. Today, Corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. They include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissions-control products for cars, trucks, and off-road vehicles.