Our glass substrates enable the thin, high-resolution, multi-function displays needed for the growing consumer electronics market. Corning is driving advanced glass display technology forward with solutions both scalable and durable.
Product or innovation highlights
Corning® Iris™ glass, which enables thinner displays while replacing plastic light-guide plates, earned the display-of-the-year award at SID 2016.
We created our third-generation, high-performance display glass substrate, Lotus™ NXT, to support high-resolution LCD and OLEDs with LTPS and Oxide backplanes. It offers the best-in-class glass dimensional stability, which is named “Total Pitch Variation”, in panel makers’ high-temperature manufacturing processes. In October 2015 Samsung Display announced that the company would use Louts NXT glass for its line of low-temperature polysilicon (LTPS) organic light-emitting diode (OLEDyep) panels.
Recent performance, outlook and market opportunities
In the second quarter of 2016, Display Technologies sales were up sequentially. As expected, the worldwide glass market and Corning’s volume increased in the high-single-digit percent range sequentially in the second quarter. Corning’s LCD glass price declines were smaller than those experienced in the first quarter.
In the third quarter of 2016, demand for Corning’s LCD glass is expected to increase by a mid-single-digit percentage sequentially, and the company expects price declines to remain moderate and consistent with the second quarter.