Corning Launches New EAGLE XG® Slim LCD Glass Substrates
08 Junho 2010 - 10:00PM
Business Wire
Corning Incorporated (NYSE:GLW) announced the commercialization
of EAGLE XG® Slim, a new line of thin glass substrates, at Display
Taiwan 2010 in Taipei, Taiwan on June 9. While the initial focus is
on enabling lighter-weight portable devices - with glass sizes up
to Generation 5 at 0.4 mm thick - Corning will add more gen sizes
and thicknesses to the line to support larger applications like LCD
TV.
“As the first to supply commercial volumes of 0.5 mm glass and
now 0.4 mm glass, Corning is pleased to apply its technology
leadership to help enable the industry’s continued advancement,”
said James P. Clappin, president, Corning Display Technologies.
“EAGLE XG Slim glass will allow device makers to reduce costs and
provide a greener product while creating the sleek, multifunctional
devices consumers desire.”
Currently, most panel makers begin with 0.5 mm thick substrates
for portable devices, and then employ a costly thinning process
that uses chemicals to reduce the thickness of the glass. Corning’s
proprietary fusion process forms thin glass of pristine surface
quality, ready to use as-formed. Thin input glass requires no
additional panel thinning to achieve weight and thickness targets.
Benefits include a lower total cost, a simplified supply chain, and
reduced energy consumption.
Additionally, the new substrates will leverage the award-winning
EAGLE XG® composition, the industry’s most environmentally friendly
glass substrate, making devices even more recyclable.
Corning will produce EAGLE XG Slim at its plants in Asia,
utilizing its worldwide supply chain. Samsung Corning Precision
Materials Co., Ltd will also supply the product line to customers
in Korea.
Moving forward, Corning plans to develop 0.3 mm substrates for
glass sizes that support portable electronic devices and to broaden
the line to include gen sizes that support TVs and other large
displays.
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.
About Corning Incorporated
Corning Incorporated (www.corning.com) is the world leader in
specialty glass and ceramics. Drawing on more than 150 years of
materials science and process engineering knowledge, Corning
creates and makes keystone components that enable high-technology
systems for consumer electronics, mobile emissions control,
telecommunications and life sciences. Our products include glass
substrates for LCD televisions, computer monitors and laptops;
ceramic substrates and filters for mobile emission control systems;
optical fiber, cable, hardware & equipment for
telecommunications networks; optical biosensors for drug discovery;
and other advanced optics and specialty glass solutions for a
number of industries including semiconductor, aerospace, defense,
astronomy and metrology.
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