Corning® Astra™ Glass Chosen for CCPD’s Oxide-LCD Line
المصدر: Nasdaq GlobeNewswire / 22 أغسطس 2019 08:31:07 America/New_York
CORNING, N.Y. , Aug. 22, 2019 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced the selection of Corning® Astra™ Glass by Chengdu CEC Panda Display Technology Co., Ltd., (CCPD) for its line of oxide-TFT liquid crystal display (LCD) panels used primarily for high-performance, large-size TVs and monitors. Corning was named majority display glass supplier for CCPD’s Oxide-LCD panels.
“Corning is pleased to work alongside CCPD to implement Astra Glass as the foundation for the next evolution of high-performance oxide-TFT displays,” said Han Yim, business director, High Performance Displays, Corning Glass Technologies. “CCPD has quickly become a valued collaborator for Corning and we look forward to continuing to enable immersive viewing experiences with Astra Glass in their displays.”
CCPD, one of the industry’s leading oxide panel makers, selected Astra Glass as its backplane substrate because it has the inherent fidelity – dimensional and thermal stability – to thrive in high-temperature oxide-TFT fabrication for immersive high-performance displays. High-temperature oxide-TFT technology helps panel makers achieve high resolutions while providing attractive panel economics, particularly in large form factors, like TVs.
CCPD’s advanced oxide-TFT process is widely used in 4K and 8K display panels. Corning will showcase one of these displays, completely designed by CCPD and enabled by Corning® Astra™ Glass and CCPD’s latest core technologies of Oxide PAT, Super-UVA, Cu connect, at Touch Taiwan 2019, August 28-30 in Taipei.
Corning introduced Astra Glass globally in May 2019. Astra Glass joins industry-favorite Corning® EAGLE XG® Slim Glass and premium-performance Corning Lotus™ NXT Glass in Corning’s advantaged display glass portfolio. Corning is collaborating with valued customers to define the next chapter of display technology with this advantaged and proven portfolio.
Caution Concerning Forward-Looking 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 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.
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 (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, 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 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.