Samsung Galaxy Watch first device to feature new glass
composite, delivering superior scratch resistance and
anti-reflective optics
CORNING, N.Y.; AUGUST 9, 2018 - Corning
Incorporated (NYSE:GLW) announced today that Corning®
Gorilla® Glass DX+ has
been chosen as the cover material for Samsung's Galaxy Watch.
Gorilla Glass DX+ is a new glass composite which features superior
scratch resistance and an anti-reflective property that vastly
improves optical clarity while retaining the inherent toughness of
Gorilla Glass.
Consumer research* reveals that the three most important customer
concerns for mobile devices are drop, scratch, and readability.
Corning created its latest glass composite innovation, Gorilla
Glass DX+, to help address these issues for today's advanced mobile
displays.
"We are pleased that Samsung has designed Gorilla Glass DX+ into
their latest device," said Scott Forester, division vice president,
Marketing and Innovation Products, Corning Gorilla Glass. "Gorilla
Glass DX+ offers the unique combination of superior scratch
resistance and excellent optics, making it an ideal cover material
solution for today's digital life."
Samsung chose Gorilla Glass DX+ for its latest smart watch due to
its best-in-class scratch resistance, optical clarity, and
durability. The Galaxy Watch brings the best of Samsung's Galaxy
ecosystem, with long-lasting battery life, LTE connectivity, and
new stress- and sleep- monitoring capabilities, in addition to
offering a more robust line of style options.
Introduced in July, Gorilla Glass DX+ enhances
display readability by lowering the front surface reflection by 75
percent versus standard glass, and increasing the display contrast
ratio by 50 percent with the same display brightness level. These
improvements in optical clarity can also improve battery life. In
addition, Gorilla Glass DX+ provides outstanding scratch resistance
approaching that of alternative luxury cover materials.
While currently being adopted primarily for wearable mobile
devices, developments are underway to adapt these new glass
composites to larger form-factor devices.
Corning continues to lead the cover glass industry
it created more than 10 years ago. Today, Corning Gorilla Glass has
been designed into more than 6 billion devices across 45 major
brands. The introduction of this new glass composite, Gorilla Glass
DX+, is yet another example of Corning's continued commitment to
innovation - using its core understanding of materials science and
process-development expertise to deliver important solutions and
extend the company's market leadership in mobile consumer
electronics.
*Corning research data from multiple surveys
including Nielson and Toluna.
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.
Web 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 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.
Media Relations
Contacts:
Sarah
Pakyala
(607)
974-4902
pakyalaSI@corning.com
Gabrielle Bailey
(607) 974-6394
baileygr@corning.com
Investor Relations
Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com
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announcement is distributed by Nasdaq Corporate Solutions on behalf
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Corning Incorporated via Globenewswire
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