CORNING, N.Y., March 3, 2015— Corning Incorporated (NYSE: GLW) announced today that Gionee Communication Equipment Co. Ltd has chosen Corning® Gorilla® Glass 3 with NDR™ for both the front and back glass panels of its newly announced Ultra Smartphone Elife S7.
“One of Corning’s greatest differentiators is our ability to proactively collaborate with customers to understand and innovate to meet consumers’ most pressing needs,” said Dave Velasquez, director, marketing and commercial operations, Corning Gorilla Glass. “As devices move toward slimmer form factors, it’s important that both OEMs and consumers have confidence that their smartphones can stand up to their everyday lifestyles. Corning was able to work with Gionee on the Ultra Smartphone Elife S7 to help create a device that is not only thin and beautiful, but also durable.”
When Gionee, the current Guinness World Record® holder for the thinnest smartphone, needed a tough cover glass that was slim and would not add bulk to its new 5.5 mm thin device, the company turned to Corning to meet its need by using Gorilla Glass 3. Additionally, the optical clarity of Gorilla Glass helps showcase the smartphone’s vivid 5.2-inch screen.
"Gionee and Corning have a long and successful working relationship based on strategic cooperation,” said William Lu, president of Gionee. “Since the first generation product of the Elife series with its defining slim phone design, each generation of our products has entrusted Gorilla Glass to help provide our consumers with outstanding toughness, scratch resistance, and the best touch experience."
Gorilla Glass is manufactured using Corning’s proprietary fusion draw process and is the cover glass of choice for device manufacturers around the globe. More than 40 manufacturers have designed Gorilla Glass into more than 1,450 product models and have branded Gorilla Glass touch cover glass as a key selling feature. Since its launch in 2007, Gorilla Glass has been featured in more than 3 billion devices worldwide. For more information on Corning Gorilla Glass, visit the website.
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
Established in 2002, Gionee Communication Equipment Co., Ltd. is a hi-tech company engaging in mobile device designing, R&D, manufacturing, sales in global markets, and mobile internet application services. Today, Gionee sells over 25 million handsets per year worldwide and ranks No.10 in the world by smartphone market share. Gionee is moving fast in building solid brand channels in global markets especially in South Asia and Southeast Asia.
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.
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