Empowering Innovations: Corning’s Expanding Commitment to Korea
Seoul, Korea — September 2023 – Since its inception in the early 1970s, Corning Incorporated has been at the forefront of transformative technologies in partnership with its Korean customers. Together, they’ve driven innovations that have ushered in a new era of electronic displays and cover glass technologies, laying the foundation for groundbreaking advancements like LCD and OLED televisions, monitors, laptops, tablets, and mobile phones.
Investing in a Promising Future
Now, Corning is poised to take its commitment to the region to new heights. Over the next five years, the company plans to make substantial investments in the development of advanced materials and the expansion of its manufacturing capabilities. A prime example of this commitment is Corning Precision Materials in Asan, Korea, which recently inaugurated a state-of-the-art production line. This facility represents a significant milestone as it marks the world’s first fully integrated supply chain for ultra-thin bendable glass.
Fueling Mobile Device and Automotive Innovations
Wendell P. Weeks, Corning’s Chairman and Chief Executive Officer, shares his enthusiasm, stating, “Our latest innovations will empower the design of advanced mobile devices and automotive displays, solidifying Korea’s position as a global hub for ultra-thin bendable glass manufacturing. Korea’s dedication to high-tech growth, its pool of talented individuals, and supportive government policies have accelerated Corning’s collaborations with esteemed Korean customers and partners, including Samsung.”
Aligning with Market Trends
Corning’s strategic investments in Korea align seamlessly with emerging market trends. These trends encompass next-generation consumer electronics and semiconductor technologies, high-speed connectivity and wireless networks, the development of cleaner, safer, and highly connected vehicles, and the creation of the world’s most comprehensive line of life-saving drug discovery and delivery tools for biotechnology research.
Wendell P. Weeks concludes with optimism, stating, “Corning’s continued success is underpinned by our more than 3,000 talented and dedicated employees in Korea, our visionary partners, and the unwavering support of local communities where we operate. Together, we are poised to make our most significant contributions in the years ahead, shaping a brighter and more innovative future.”
Source: Corning Incorporated with additional information added by GlassBalkan