Corning Incorporated (NYSE: GLW) announced today it was recently recognized by the ZEISS Semiconductor Manufacturing Technology (SMT) business group with the company’s annual Supplier Award.
Dr. Karl Lamprecht, president and CEO of ZEISS SMT, presented the award to Corning Advanced Optics Vice President and General Manager Curt Weinstein at the company’s annual Suppliers’ Day in Oberkochen, Germany, on October 18.
“Corning is honored to accept this recognition that demonstrates the close customer relationship we’ve developed with ZEISS over more than 20 years,” said Weinstein. “As the semiconductor industry advances, the challenges and complexity of its manufacturing systems grow, too. We are committed to collaborating with ZEISS on solutions in the future.”
Corning Advanced Optics has supplied ZEISS with lithography-grade glass since 1992, when the two companies signed their first supply contract.
Corning was recognized with the Supplier Award for outstanding performance across four categories: Supply Chain, Technology, Quality, and Logistics. Corning won the same award in 2006, when ZEISS launched its strategic supplier management program.
“Corning demonstrates outstanding performance with on-time deliveries, agreed specs, quantity, and quality. No less important than these ‘hard facts’ is the way we work together,” Lamprecht said. “Close and trustful collaboration is critical for success due to our very complex products.”
Corning Advanced Optics has supported the global semiconductor industry for nearly 30 years as a leading supplier for materials enabling krypton fluoride, argon fluoride, and extreme ultraviolet (EUV) lithography systems. Specifically, Corning supplies manufacturing customers in the industry with microlithography lens blanks, EUV photomask substrates, and metrology instruments, as well as optical materials such as HPFS® fused silica, ULE® zero expansion glass, and high-performance fluoride crystals. These materials are optimized for transmission and durability at the harshest laser and radiation exposure levels.
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.
Digital Media Disclosure
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About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a 166-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramics 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.
ZEISS is an internationally leading technology enterprise operating in the fields of optics and optoelectronics. The ZEISS Group develops, produces and distributes measuring technology, microscopes, medical technology, eyeglass lenses, camera and cinema lenses, binoculars and semiconductor manufacturing equipment. With its solutions, the company constantly advances the world of optics and helps shape technological progress. ZEISS is divided up into the four segments Research & Quality Technology, Medical Technology, Vision Care/Consumer Products and Semiconductor Manufacturing Technology. The ZEISS Group is represented in more than 40 countries and has over 50 sales and service locations, more than 30 manufacturing sites and about 25 research and development centers around the globe.
In fiscal year 2015/16 the company generated revenue approximating €4.9 billion with over 25,000 employees. Founded in 1846 in Jena, the company is headquartered in Oberkochen, Germany. Carl Zeiss AG is the strategic management holding company that manages the ZEISS Group. The company is wholly owned by the Carl Zeiss Stiftung (Carl Zeiss Foundation).