Corning Incorporated (NYSE:GLW) today celebrated the 10th anniversary of the Corning Research Center in Taiwan by hosting the Corning Innovation Forum in coordination with Global Views Monthly Magazine.
The event featured experts from the Institute for Information Industry, Ford Lio Ho Motor, and the Ministry of Health and Welfare offering insights on the Internet of Things (IoT), the Internet of Vehicles (IoV) and smart healthcare. During the event, local and international representatives from public and private sectors also pointed to potential innovations, breakthroughs, and opportunities for the IoT in Taiwan.
Corning’s presence has grown in Taiwan since 2000 with the establishment of major liquid crystal display glass substrate plants in Tainan and Taichung. The company also opened the Corning Research Center in Hsinchu in 2006, and the Corning Advanced Technology Center in Taipei in 2011. Today, Corning has approximately 3,500 employees in Taiwan.
“Over the past decade, Corning has continuously devoted significant research and development resources to build Taiwan as a major hub for both the company’s production and research,” said Daniel Tseng, president of Corning Taiwan. “Through our relationships with the government, schools, and businesses, we are creating a solid foundation for sustainable businesses and industrial competition in Taiwan.”
The forum – “Innovation: Connecting to the Future” – featured speaker Dr. Waguih S. Ishak, division vice president and chief technologist at Corning, who discussed future industries that are included in the IoT and the limitless possibilities for the technological applications of Corning materials.
The forum also featured presentations by Dr. Victor Tsan, Vice President and General Director of Institute for Information Industry; John Lin, product development vice president of Ford Lio Ho Motor; and Dr. Marc Hsu, information management director of Ministry of Health and Welfare. Each presented official policies for IoT, IoV, and smart healthcare as well as innovative developments and case studies. These experts also suggested how companies in Taiwan could develop “technology-centered strategies” for future opportunities. More than 100 researchers, civil servants, and business executives also attended the conference to learn from international and local experts, in both the public and private sectors, about strengthening R&D prowess, utilizing future technologies, and generating the maximum value for Taiwan.
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.
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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.