Corning Incorporated (NYSE: GLW) and Samsung Electronics Co., Ltd.
today announced that Samsung’s Galaxy S24 Ultra devices will
feature Corning’s new Corning® Gorilla® Armor cover material.
Gorilla Armor offers an unparalleled combination of durability and
visual clarity, delivering a richer display in sunlight and greater
protection against damage caused by daily wear.
“Corning’s Gorilla® Glass, together with the Galaxy S series,
have driven innovation and made significant progress towards
achieving greater durability,” said Kwangjin Bae, EVP and Head of
the Mechanical R&D Team, Mobile eXperience Business at Samsung
Electronics. “This partnership has made it possible for people to
use our products with confidence and peace of mind.”
Corning® Gorilla® Armor is a different kind of smartphone cover
material. Compared to a typical glass surface, Corning Gorilla
Armor reduces reflection by up to 75%, which enhances display
readability and minimizes screen reflections in almost any
environment.1
Corning’s new cover material optimizes durability on the Galaxy
S24 Ultra. In Corning lab tests, Gorilla Armor demonstrated
superior durability when compared against competitive
aluminosilicate cover glasses.2 To measure its exceptional
scratch resistance, Corning created a new lab test – the “Scratch
Bot” – to replicate micro scratches caused by day-to-day wear. On
this rigorous test, Gorilla Armor showed no visible scratches and
demonstrated over four times more scratch resistance than
competitive aluminosilicate cover glasses.
Gorilla Armor contains an average of 25% pre-consumer recycled
content, as validated by UL Solutions in accordance with UL2809-2
Environmental Claim Validation Procedure (ECVP) for Recycled
Content.3
“Gorilla Armor brings Corning’s research and engineering prowess
together with Samsung’s consumer-centric design and focus on user
experience,” said David Velasquez, vice president and general
manager, Corning® Gorilla® Glass. “This latest innovation
simultaneously addresses both the need for durability and the
increasing need for better optics – bringing the mobile phone
experience of the future into the present.”
The launch of Galaxy S24 Ultra phones with Gorilla Armor follows
a celebratory year for Corning and Samsung. Last year marked 50
years of industry-leading partnership for the companies. Corning
and Samsung first partnered in 1973 to make televisions more
accessible to consumers in Korea.
This same spirit of collaboration has been carried through half
a century. Corning® Gorilla® Glass has been featured on countless
Samsung devices, from some of the earliest Galaxy smartphones to
the most recent, including the Galaxy S23 Series, Galaxy Z Fold5,
and Galaxy Z Flip5, which all use Corning® Gorilla® Glass Victus®
2. The launch of Galaxy S24 Ultra devices with Gorilla Armor
continues this longstanding relationship dedicated to creating
world-class innovations vital to the mobile consumer electronics
industry.
Caution Concerning Forward-Looking
StatementsThe statements contained in this release and
related comments by management that are not historical facts or
information and contain words such as “will,” “believe,”
“anticipate,” “expect,” “intend,” “plan,” “seek,” “see,” “would,”
“target,” “estimate,” “forecast” or similar expressions are
forward-looking statements. These forward-looking statements are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 and include estimates and
assumptions related to economic, competitive and legislative
developments. Such statements relate to future events that by their
nature address matters that are, to different degrees, uncertain.
These forward-looking statements relate to, among other things, the
company’s future operating performance, the company’s share of new
and existing markets, the company's revenue and earnings growth
rates, the company’s ability to innovate and commercialize new
products, the company's expected capital expenditure and the
company’s implementation of cost-reduction initiatives and measures
to improve pricing, including the optimization of the company’s
manufacturing capacity.
Although the company believes that these forward-looking
statements are based upon reasonable assumptions regarding, among
other things, current estimates and forecasts, general economic
conditions, its knowledge of its business and key performance
indicators that impact the company, there can be no assurance that
these forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. The company undertakes no
obligation to update forward-looking statements if circumstances or
management’s estimates or opinions should change except as required
by applicable securities laws.
Some of the risks, uncertainties and other factors that could
cause actual results to differ materially from those expressed in
or implied by the forward-looking statements include, but are not
limited to: global economic trends, competition and geopolitical
risks, or an escalation of sanctions, tariffs or other trade
tensions between the U.S. and China or other countries, and related
impacts on our businesses' global supply chains and strategies;
changes in macroeconomic and market conditions and market
volatility, including developments and volatility arising from the
COVID-19 pandemic, inflation, interest rates, the value of
securities and other financial assets, precious metals, oil,
natural gas and other commodity prices and exchange rates
(particularly between the U.S. dollar and the Japanese yen, new
Taiwan dollar, euro, Chinese yuan and South Korean won), the
availability of government incentives, decreases or sudden
increases of consumer demand, and the impact of such changes and
volatility on our financial position and businesses; the duration
and severity of the COVID-19 pandemic, and its impact across our
businesses on demand, personnel, operations, our global supply
chains and stock price; possible disruption in commercial
activities or our supply chain due to terrorist activity,
cyber-attack, armed conflict, political or financial instability,
natural disasters, international trade disputes or major health
concerns; loss of intellectual property due to theft, cyber-attack,
or disruption to our information technology infrastructure; ability
to enforce patents and protect intellectual property and trade
secrets; unanticipated disruption to Corning’s, our suppliers’ and
manufacturers’ supply chain, equipment, facilities, IT systems or
operations; product demand and industry capacity; competitive
products and pricing; availability and costs of critical
components, materials, equipment, natural resources and utilities;
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; the amount and timing of any
future dividends; the effects of acquisitions, dispositions and
other similar transactions; the effect of regulatory and legal
developments; ability to pace capital spending to anticipated
levels of customer demand; our ability to increase margins through
implementation of operational changes, pricing actions and cost
reduction measures; rate of technology change; adverse litigation;
product and component performance issues; retention of key
personnel; customer ability to maintain profitable operations and
obtain financing to fund ongoing operations and manufacturing
expansions and pay receivables when due; loss of significant
customers; changes in tax laws, regulations and international tax
standards; the impacts of audits by taxing authorities; the
potential impact of legislation, government regulations, and other
government action and investigations; and other risks detailed in
Corning’s SEC filings.
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.
Web DisclosureIn 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
(https://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 IncorporatedCorning
(www.corning.com) is one of the world's leading innovators in
materials science, with a 170-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 its customers capture new
opportunities in dynamic industries. Today, Corning's markets
include optical communications, mobile consumer electronics,
display, automotive, solar, semiconductors, and life sciences.
About Samsung Electronics Co., Ltd.Samsung
inspires the world and shapes the future with transformative ideas
and technologies. The company is redefining the worlds of TVs,
smartphones, wearable devices, tablets, home appliances, network
systems, and memory, system LSI, foundry and LED solutions, and
delivering a seamless connected experience through its SmartThings
ecosystem and open collaboration with partners. For the latest
news, please visit the Samsung Newsroom at news.samsung.com.
Media Relations Contacts:Megan Whittemore(202)
661-4171whittemom@corning.com
Jamie Post(607) 974-4843postjl@corning.com
Investor Relations Contact:Ann H.S. Nicholson
(607) 974-6716 nicholsoas@corning.com
1 Performance claims for Corning® Gorilla® Armor are based on
Corning's internal lab testing. Actual performance may vary.2
Performance claims for Corning® Gorilla® Armor are based on
Corning's internal lab testing. Actual performance may vary.3
Pre-consumer recycled content as defined by UL Solutions is
material that has never reached the end user, having been diverted
from the waste stream during a manufacturing process.
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