CORNING, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) — Corning Included (NYSE: GLW) at the moment unveiled its latest glass innovation, Corning® Gorilla® Glass Victus® 2. Corning continues to push the boundaries of glass by increasing its Corning® Gorilla® Glass portfolio. With a brand new glass composition, Gorilla Glass Victus 2 delivers improved drop efficiency on tough surfaces like concrete, the world’s most abundantly engineered materials, whereas preserving the scratch resistance of Gorilla Glass Victus.
“Smartphones are the middle of our digital lives, and the requirement for distinctive scratch and drop resistance has solely elevated with our rising reliance on clear, damage-free shows,” mentioned David Velasquez, vice chairman and basic supervisor, Gorilla Glass. “Surfaces matter, and tough surfaces like concrete are all over the place.”
Corning’s intensive analysis has proven that 84% of shoppers throughout three of the most important smartphone markets – China, India, and america – cite sturdiness because the primary buying consideration behind model itself.
“We challenged our scientists not solely to create a glass composition that was sturdy sufficient to higher survive drops from waist peak onto rougher surfaces than asphalt, however to enhance cover-glass efficiency for bigger and heavier units,” mentioned Velasquez. “With extra refined and assorted designs, at the moment’s smartphones are almost 15% heavier, and display screen sizes are as much as 10% bigger, than they have been 4 years in the past – growing each the stress on the quilt glass and the chance of harm. Gorilla Glass Victus 2 redefines robust for shoppers and OEMs.”
In lab assessments, Gorilla Glass Victus 2 survived drops of as much as one meter on a floor replicating concrete. Aggressive aluminosilicate glasses from different producers sometimes failed when dropped from half a meter or much less. As well as, Gorilla Glass Victus 2 continued to outlive drops as much as two meters on a floor replicating asphalt and maintained scratch resistance as much as 4 instances higher than aggressive aluminosilicate.
For greater than a decade, Gorilla Glass has helped revolutionize the way in which we talk and remodel the cellular client electronics trade. With almost half a billion international shoppers but to transition to smartphones, Gorilla Glass will proceed to unravel robust client challenges and meet the wants of present and future smartphone customers.
Gorilla Glass Victus 2 is at present being evaluated by a number of clients and is predicted to succeed in the market throughout the subsequent few months.
Gorilla Glass has been designed into greater than 8 billion units by greater than 45 main manufacturers. All through the corporate’s Cell Shopper Electronics (MCE) market entry platform, Corning continues its legacy of innovation with its market-leading cowl glasses in addition to glass and optics for semiconductor merchandise that improve efficiency, ship new connectivity options, allow new designs, and help immersive consumer experiences with augmented actuality and 3D sensing.
Warning Regarding Ahead-Wanting Statements
The statements contained on this launch that aren’t historic details or info and comprise phrases equivalent to “will,” “consider,” “anticipate,” “anticipate,” “intend,” “plan,” “search,” “see,” “would,” and “goal” and comparable expressions are forward-looking statements. These forward-looking statements are made pursuant to the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995 and embrace estimates and assumptions associated to financial, aggressive and legislative developments. Such statements relate to future occasions that by their nature handle issues which might be, to totally different levels, unsure. These estimates are topic to alter and uncertainty that are, in lots of situations, past our management. There will be no assurance that future developments might be in accordance with administration’s expectations. Precise outcomes might differ materially from these anticipated by us, relying on the result of varied components. We don’t undertake to replace forward-looking statements.
Though the Firm believes that these forward-looking statements are primarily based upon cheap assumptions concerning, amongst different issues, present estimates and forecasts, basic financial circumstances, its data of its enterprise, and key efficiency indicators that impression the Firm, precise outcomes might differ materially. Among the dangers, uncertainties and different components that would trigger precise outcomes to vary materially from these expressed in or implied by the forward-looking statements embrace, however aren’t restricted to: the period and severity of the COVID-19 pandemic, and its impression throughout our companies on demand, personnel, operations, our international provide chains and inventory value; international financial tendencies, competitors and geopolitical dangers, or an escalation of sanctions, tariffs or different commerce tensions , and associated impacts on our companies’ international provide chains and methods; adjustments in macroeconomic and market circumstances, market volatility, rates of interest, capital markets, the worth of securities and different monetary property, valuable metals, oil, pure fuel and different commodities and alternate charges (significantly between the U.S. greenback and the Japanese yen, new Taiwan greenback, euro, Chinese language yuan and South Korean received), client demand, and the impression of such adjustments and volatility on our monetary place and companies; product demand and trade capability; aggressive merchandise and pricing; availability and prices of vital parts, supplies, tools, pure assets and utilities; new product improvement and commercialization; order exercise and demand from main clients; the quantity and timing of our money flows and earnings and different circumstances, which can have an effect on our potential to pay our quarterly dividend on the deliberate stage or to repurchase shares at deliberate ranges; disruption to Corning’s, our suppliers’ and producers’ provide chain, logistics, tools, amenities, IT programs, operations or industrial actions resulting from terrorist exercise, cyber-attack, armed battle, political or monetary instability, pure disasters, worldwide commerce disputes or main well being considerations; lack of mental property resulting from theft, cyber-attack, or disruption to our info know-how infrastructure; results of acquisitions, tendencies and different comparable transactions; impact of regulatory and authorized developments; potential to tempo capital spending to anticipated ranges of buyer demand; our potential to extend margins by implementation of operational adjustments, pricing actions and value discount measures with out impacting revenues; charge of know-how change; potential to implement patents and shield mental property and commerce secrets and techniques; antagonistic litigation; product and parts efficiency points; attraction and retention of key personnel; buyer potential to take care of worthwhile operations and procure financing to fund ongoing operations and manufacturing expansions and pay receivables when due; lack of important clients; adjustments in tax legal guidelines, rules and worldwide tax requirements; the impacts of audits by taxing authorities; the potential impression of laws, authorities rules, and different authorities motion and investigations; and different dangers detailed in Corning’s SEC filings.
For a whole itemizing of dangers and different components, please reference the danger components and forward-looking statements described in our annual experiences on Type 10-Okay and quarterly experiences on Type 10-Q.
Net Disclosure
In accordance with steering supplied by the SEC concerning the usage of firm web sites and social media channels to reveal materials info, Corning Included (“Corning”) needs to inform traders, media, and different events that it makes use of its web site (https://www.corning.com/worldwide/en/about-us/news-events.html) to publish necessary details about the corporate, together with info that could be deemed materials to traders, or supplemental to info contained on this or different press releases. The listing of internet sites and social media channels that the corporate makes use of could also be up to date on Corning’s media and web site infrequently. Corning encourages traders, media, and different events to evaluate the knowledge Corning might publish by its web site and social media channels as described above, along with the corporate’s SEC filings, press releases, convention calls, and webcasts.
About Corning Included
Corning (www.corning.com) is among the world’s main innovators in supplies science, with a 170-year observe document of life-changing innovations. Corning applies its unparalleled experience in glass science, ceramic science, and optical physics together with its deep manufacturing and engineering capabilities to develop category-defining merchandise that remodel industries and improve folks’s lives. Corning succeeds by sustained funding in RD&E, a singular mixture of fabric and course of innovation, and deep, trust-based relationships with clients who’re international leaders of their industries. Corning’s capabilities are versatile and synergistic, which permits the corporate to evolve to satisfy altering market wants, whereas additionally serving to its clients seize new alternatives in dynamic industries. In the present day, Corning’s markets embrace optical communications, cellular client electronics, show, automotive, photo voltaic, semiconductors, and life sciences.
Media Relations Contact:
Gabrielle Bailey
(607) 974-6394
Jamie Submit
(607) 974-4843
Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
[email protected]
Observe Corning: RSS Feeds | Fb | Twitter | YouTube
Comments (0)