CORNING, N.Y., July 22, 2021 — Corning Incorporated (NYSE: GLW) today announced a new category for its scratch resistant and durable glass composite products, Corning® Gorilla® Glass with DX and Corning® Gorilla® Glass with DX+. The application of this technology to mobile device cameras enables professional-grade image capture through a unique combination of advanced optical performance, superior scratch resistance, and durability.
Since 2010, the number of photos taken globally has increased from 350 billion to a projected 1.4 trillion per year. And, mobile camera technology is regularly cited as one of the most important factors in consumers’ purchasing decisions.
For mobile device cameras to provide professional-grade image quality under all lighting conditions it is critical to maximize the amount of ambient light captured and minimize all reflection within the camera systems.
“Antireflective coatings have long been used on conventional cameras to improve light capture,” said Jaymin Amin, vice president and general manager, Corning Gorilla Glass. “However, these coatings have a propensity to scratch easily, negatively impacting image quality. Corning’s Gorilla Glass composites not only provide mobile device camera lens covers with enhanced scratch resistance and durability compared to traditional coatings, but also the improved optical performance required for these devices.”
Answering consumer demand for high-quality image and video capabilities, smartphone manufacturers have integrated advanced functionalities such as telephoto, wide-angle lenses, and infrared sensors. To achieve this level of sophistication, the size and number of cameras on smartphones continue to grow, while the prominence of the lens surface area has increased notably – significantly driving the likelihood of scratches and damage through everyday use.
“We’ve engineered the ideal solution for camera lens covers,” said Amin. “By capturing 98% of light for the camera lens, our glass composites augment the full capability of the camera design and help create high-quality images and videos. Our Gorilla Glass DX products offer the industry’s best combination of optical performance and protection for the ultimate consumer experience.”
Samsung will be the first customer to adopt the Gorilla Glass DX products for camera lens covers.
Gorilla Glass has been designed into more than 8 billion devices by more than 45 major brands. Through its Mobile Consumer Electronics Market-Access Platform, Corning continues its legacy of innovation with market-leading cover glasses, as well as glass and optics for semiconductor products, that enhance performance, deliver new connectivity features, enable new designs, and support immersive user experiences with augmented reality and 3D sensing. Since 2016, Gorilla Glass DX products have been utilized on more than 30 million wearable devices and are now being adopted on mobile camera lens covers.
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Although the Company believes that these forward-looking statements are based upon reasonable assumptions regarding, among other things, current estimates and forecasts, general economic conditions, its knowledge of its business, and key performance indicators that impact the Company, actual results could differ materially. The Company does not undertake to update forward-looking statements. Some of the risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements include, but are not limited to: the duration and severity of the COVID-19 pandemic, and its impact across our businesses on demand, operations and our global supply chains; the effects of acquisitions, dispositions and other similar transactions; global business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, new Taiwan dollar, euro, Chinese yuan and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; loss of intellectual property due to theft, cyber-attack, or disruption to our information technology infrastructure; unanticipated disruption to our supply chain, equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, to maintain profitable operations and obtain financing to fund ongoing operations and manufacturing expansions and pay receivables when due; loss of significant customers; changes in tax laws and regulations; the impacts of audits by taxing authorities; the potential impact of legislation, government regulations, and other government action and investigations; and other risks detailed in Corning’s SEC filings.
For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q.
In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated (“Corning”) wishes to notify investors, media, and other interested parties that it uses its website (https://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning’s media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company’s SEC filings, press releases, conference calls, and webcasts.
About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a 170-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic 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, automotive, and life sciences.
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