Corning Incorporated (NYSE: GLW) and Tianma Micro-Electronics Group announced today that Tianma’s low-temperature polysilicon (LTPS) panels featuring Corning Lotus™ XT Glass are now in mass production.
Corning introduced Lotus XT Glass last year at Display Week, an industry tradeshow hosted by the Society for Information Display (SID). After Tianma qualified the high-performance display substrates into its LTPS line, it won several new customer models and entered mass production.
Tianma chose Lotus XT Glass for its exceptional total-pitch variation, which enables precise component alignment and efficient panel production. Lotus XT Glass better withstands the rigorous, high-temperature processes used to create the latest, high-resolution displays. For Tianma, that means higher yields and more creative design options.
As a result, the two companies continue to collaborate closely, and Tianma selected Lotus XT Glass for two new models: a 5-inch full-HD panel and a 6-inch HD panel.
A leading manufacturer of liquid crystal displays (LCD) in small- to medium-size, thin-film transistor (TFT) modules, Tianma develops panels for smartphones and tablets, focusing largely on the mobile-applications market. Its panels achieve resolutions of 350 to 450 pixels per inch (ppi), and the company is currently developing models that boast more than 500 ppi.
“We attribute the commercial success of our LTPS panels – in part – to Corning’s superior high-performance substrates. Lotus XT Glass is pivotal to our process. Its dimensional stability enables tight design rules,” said Wang Lei, general manager, Tianma Xiamen. “This helps us develop world-class panels that meet the growing domestic and international market demand for ever-increasing resolutions.”
The stability and pristine surface of Lotus XT Glass enable displays to accommodate more pixels per square inch to produce bright, vivid images with stunning pictures.
“Lotus XT Glass continues to deliver the required performance within the LTPS and oxide space and has achieved mass production on multiple lines since its introduction,” said John Bayne, vice president and general manager, Corning High Performance Displays and Advanced Glass Innovations. “We are pleased Lotus XT Glass is helping enable Tianma to develop and to produce products at the leading edge of panel performance.”
Corning plans to showcase Tianma’s newest panels in its booth (#703) at Display Week 2014. The tradeshow began June 1 and runs through June 6 at the San Diego Convention Center.
In addition, tradeshow attendees can learn how Lotus XT Glass can lead to improved battery efficiency and brighter displays. A new demonstration will show the impact of total pitch variation on aperture ratio, which affects display performance.
Besides Lotus XT Glass, the Corning booth will also highlight: Corning® Gorilla® Glass 3 with NDR™; Corning® Gorilla® Glass NBT™; Antimicrobial Corning® Gorilla® Glass; Corning® Willow® Glass; Corning® EAGLE XG® Glass, and Corning Laser Technologies.
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.
About Tianma Micro-Electronics Group
Tianma Micro-Electronics Group, based in China and founded in 1983, is one of the world's leading manufacturers of liquid crystal displays (LCD). We specialize in design, manufacture, and supply of high-quality LCD products and offer a full range of LCD display solutions from Graphic Mono LCD to full-color TFT modules.