Corning Introduces Corning Lotus™ NXT Glass

Corning Introduces Corning Lotus™ NXT Glass

Corning Introduces Corning Lotus™ NXT Glass

Corning Introduces Corning Lotus™ NXT Glass

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Display Glass
Corning Introduces Corning Lotus™ NXT Glass
Corning Introduces Corning Lotus™ NXT Glass
CORNING, N.Y. | Corning Incorporated | June 01, 2015

Corning Incorporated (NYSE: GLW) today unveiled Corning Lotus™ NXT Glass, its third-generation glass composition for high-performance displays. The company will showcase this latest innovation in booth #733 at the Society for Information Display’s (SID) Display Week in San Jose, Calif., June 2-4.

Lotus NXT Glass provides industry-leading levels of low total pitch variation – a metric that is essential to efficient panel manufacturing for high-resolution displays. It can outperform incumbent products using this metric by up to 60 percent.

“For nearly a decade, the display industry focused on one glass-substrate attribute – compaction,” said Michael Kunigonis, business director, High Performance Displays, Corning Glass Technologies. “Cooperating with panel makers, Corning studied this assumption and found total pitch variation is a more complete measure of glass stability and set out to deliver the highest performing glass substrates to the industry.”

The improved stability of Lotus NXT Glass – and, in turn, better total pitch variation performance – enables manufacturers to develop display panels that feature up to 100 pixels per inch higher resolutions or up to 15 percent lower power consumption. Additionally, panel makers can improve cell assembly yields by up to 1.5 percent.

For consumers, that means vivid, resolution-rich mobile devices with longer battery lives.

Lotus NXT Glass targets liquid crystal displays (LCD) and organic light-emitting diode (OLED) displays that use either low-temperature poly-silicon (LTPS) or oxide thin-film transistor (TFT) backplanes.

Corning specifically designed Lotus NXT Glass to maintain its total pitch variation performance in a wide range of manufacturing temperatures. It works well in both low-temperature and high-temperature LTPS and oxide TFT processes.

In addition to Lotus NXT Glass, the Corning booth will also feature: Corning Iris™ Glass, a high-transmission glass light-guide plate enabling thinner edge-lit LCD TVs; Corning EAGLE XG® Slim for a-Si displays; Corning® Willow® Glass, the company’s ultra-slim, flexible glass; and Corning® Gorilla® Glass 4, the latest version of Corning’s damage-resistant cover glass now on nearly 4 billion devices.

Display Week attendees may also hear several Corning experts share their insights:

  • Bob O’Brien, director, market intelligence, Planning and Strategy, will participate in an LCD-focused panel discussion during the IHS Business Conference on June 1.
  • Stephanie Sisk, special projects manager, High Performance Displays, Commercial Technology, will present on how advanced glass enables the display evolution at the SID Display Week Exhibitor Forum on June 3.
  • Boh Ruffin, technology strategy manager, will speak during the IHS Wearable-Flexible Conference on June 4.

“The display industry has been on a journey. It’s experienced an extraordinary rate of innovation, and we’re proud to be a part of it by bringing new products to market that support the freshest, most compelling designs,” Kunigonis added. “We’re eager to share our advanced glass solutions at Display Week and encourage attendees to visit us.”

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 (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.