Corning Iris(TM) Glass Named a Display Component of the Year by Society for Information Display
(Thomson Reuters ONE) -
Iris(TM) Glass earns honors for enabling thinner displays with low-color shift
CORNING, N.Y., May 18, 2016 - Corning Incorporated's (NYSE:GLW) light-guide
plate solution, Iris(TM) Glass, has received a 2016 Display Component of the
Year award from the Society for Information Display (SID).
The 2016 Display Industry Awards (DIAs) recognized innovative display products,
components, and applications that hold the most promise for shaping the future
of the global display industry.
Iris(TM) Glass has an ultra-pure glass composition that enables large size LCD
TVs to reach set thicknesses of less than 5 mm. When combined with the inherent
benefits of Corning's proprietary fusion process, the Iris(TM) Glass composition
can achieve optical performance that matches best-in-class materials and
delivers high transmission and low-color shift.
The industry has historically used polymers as light-guide plate materials for
edge-lit LCD TVs. Iris(TM) Glass outperforms polymers which can warp and expand
when subjected to heat and humidity, compromising performance.
"The instability of polymers requires manufacturers to design thicker sets and
devices to compensate for movement," said Andrew Beck, commercial director,
Iris(TM) Glass. "Replacing polymers with glass solves this problem, but standard
glass compositions have not met the optical requirements, until now."
Corning is well-positioned to address this growth opportunity in the display
industry by leveraging its core competencies of glass science expertise,
proprietary fusion draw process, and market leadership.
"Our commitment to help our customers stand out in the marketplace and offer
more immersive displays is what drove the development of Iris(TM) Glass. We are
excited to continue this work and remain at the forefront of the next generation
of ultra-slim displays offered to the market," Beck said.
"We are delighted to award Corning a Display of the Year Component Award for its
glass light-guide plate," said Wei Chen, SID's Display Industry Awards Committee
chairman. "The Display Industry Awards are SID's highest honor, presented to
recognize the best display products or applications introduced to the market
during the previous calendar year. On behalf of SID, we would like to commend
Corning's ongoing commitment to innovation and to helping shape the future of
display performance and solutions."
Corning will have two ultra-slim edge-lit LCD modules featuring Iris(TM) Glass
in its booth #929 at SID Display Week, May 24-26 at the Moscone Convention
Center in San Francisco.
In addition to Corning Iris(TM) Glass, the Corning booth will feature:
* Corning Lotus(TM) NXT Glass, a glass designed to endure the high-temperature
manufacturing processes required to make cutting-edge, high-resolution
displays;
* Corning® Gorilla® Glass for Automotive Interior Applications, providing new
design possibilities for automotive interior displays;
* Vibrant Corning(®) Gorilla(®) Glass, a multicolor, high resolution printing
technology with the durability of Gorilla Glass.
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.
Digital Media Disclosure
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 intends to use its website
(http://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. 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. 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 the DIA:
The Display Industry Awards (DIA) are the most prestigious awards in the display
industry. Each year since 1995, SID's international awards committee-comprising
a distinguished panel of display luminaries-has honored the most innovative
display products, components, and applications with the greatest promise of
shaping the future of the display industry. This year's DIAs will be presented
at the SID International Symposium, Seminar and Exhibition, also known as
Display Week 2016-the premier international gathering of scientists, engineers,
manufacturers and users in the field of electronic information displays.
Display Week 2016 will be held in May in San Francisco, California. For more
information on the DIAs or Display Week 2016, please visit: www.displayweek.org
or follow us on LinkedIn, Facebook and Twitter (at)DisplayWeek, hashtag
#DisplayWeek16.
About SID:
The Society of Information Display (SID) is the only professional organization
focused on the display industry. In fact, by exclusively focusing on the
advancement of electronic-display technology, SID provides a unique platform for
industry collaboration, communication and training in all related technologies
while showcasing the industry's best new products. With more than 6,000 members
worldwide, the organization's members are professionals in the technical and
business disciplines that relate to display research, design, manufacturing,
applications, marketing and sales. To promote industry and academic technology
development, while also educating consumers on the importance of displays, SID
hosts more than 10 conferences a year, including Display Week, which brings
industry and academia all under one roof to showcase technology that will shape
the future. SID's global headquarters are located at 1475 S. Bascom Ave., Ste.
114, Campbell, California, 95008. For more information, visit www.sid.org.
Media Relations Contacts:
Chelsea Tracy-Zelko
(607) 974-4450
tracycr(at)corning.com
Joseph Dunning
(607) 974-5006
dunningjm(at)corning.com
Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas(at)corning.com
Follow Corning: RSS Feeds | Facebook | Twitter | YouTube
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Corning Incorporated via GlobeNewswire
[HUG#2013336]
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Datum: 18.05.2016 - 22:30 Uhr
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News-ID 472184
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