Corning Incorporated (NYSE:GLW) announced today at the Laser World of Photonics trade show that it has delivered its 2 millionth Corning® Varioptic® Lens for industrial applications.
This milestone was driven by an increased demand for liquid lenses, particularly as a variety of industries integrate them into manufacturing and warehouse operations. This achievement strengthens Varioptic’s position as a leader in liquid lens solutions for machine vision, barcode readers, medical imaging, and other industrial applications that require robust, accurate, fast-focusing, and long-lasting lenses.
“Our manufacturing capacity nearly doubled in 2018, enabling us to produce liquid lenses at a higher volume than ever before,” said Frédéric Laune, business manager, Corning Varioptic Lenses. “Our ability to innovate paid off with sales doubling in the last two years.”
Varioptic liquid lenses bring dependable functionality to industrial imaging. Unlike motorized lenses which offer a limited number of cycles, bulky form factors, low-shock resistance, and high-power consumption, Varioptic lenses have no moving parts and feature electrowetting technology that uses electrostatic forces to change the radius of the spherical interface between two immiscible liquids. They also enable exceptional shock and vibration resistance, which is essential for current and future applications.
“Varioptic became a part of Corning in 2017 through an acquisition that included Varioptic and Invenios technologies,” said John Duke, vice president and general manager, Corning Glass Microsystems. “We believe the synergies from this acquisition will lead to exciting new liquid lens application opportunities and the advancement of our Microsystems business.”
To learn more about Corning’s capabilities, visit us at Laser World of Photonics in Hall B1 in Neue Messe Munchen, Munich, Germany June 24 through 27, or visit our website at
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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 effects of acquisitions, dispositions and other similar transactions by the Company, the effect of 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; unanticipated disruption to 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, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.
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. 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, with a more than 165-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 technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks