GLW

Corning Vice Chairman Lawrence D. McRae to Retire After 38 Years with the Company

Retrieved on: 
Thursday, October 5, 2023

Corning, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced that its vice chairman and corporate development officer, Lawrence D. McRae, who has been with the company for nearly four decades, will retire at the end of the year.

Key Points: 
  • Corning, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced that its vice chairman and corporate development officer, Lawrence D. McRae, who has been with the company for nearly four decades, will retire at the end of the year.
  • McRae will continue in his current role and remain on Corning’s Senior Leadership Team until his retirement.
  • We wish him all the best in retirement.”
    As vice chairman and corporate development officer, McRae implemented strategies related to Corning’s business portfolio, partner agreements, and mergers and acquisitions.
  • McRae joined the company in 1985 and has held a broad range of leadership positions in finance, sales, marketing, and general management across Corning.

Galactic War: Igniting Crypto Gaming's Evolution With Blockchain-Powered FPS Action

Retrieved on: 
Wednesday, August 23, 2023

Galactic War is a first-person shooter (FPS) NFT game with AAA graphics that utilizes Unreal Engine 5.

Key Points: 
  • Galactic War is a first-person shooter (FPS) NFT game with AAA graphics that utilizes Unreal Engine 5.
  • Soldiers will embark through four universes, navigate the Galactic War, and buy and earn NFTs along the way.
  • Crypto lovers will be fascinated by the Galactic War (GLW) token's versatility and utility to buy exclusive items.
  • Lastly, FPS lovers will be fascinated by the dense gameplay, outer space battlefields, and competitive fight showdowns.

Corning’s New Viridian™ Vials Reduce Waste and Carbon Emissions in the Pharmaceutical Supply Chain

Retrieved on: 
Thursday, July 13, 2023

The new technology can improve filling-line efficiency by up to 50% while reducing vial-manufacturing carbon-dioxide-equivalent (CO2e) emissions by up to 30%.

Key Points: 
  • The new technology can improve filling-line efficiency by up to 50% while reducing vial-manufacturing carbon-dioxide-equivalent (CO2e) emissions by up to 30%.
  • As demand for these medicines rises, pharmaceutical manufacturers are looking to increase production efficiently while reducing the environmental impact of their supply chain.
  • Viridian Vials use 20% less glass material than conventional glass vials, with no impact on the quality or safety of the vial.
  • This reduction in glass material lowers manufacturing and transportation-related emissions by up to 30% and decreases the total amount of glass entering the waste stream.

Corning and SGD Pharma announce joint venture to open new glass tubing facility and expand access to Corning® Velocity® Vial technology in India

Retrieved on: 
Thursday, June 8, 2023

CORNING, N.Y., June 08, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW) and SGD Pharma today announced a joint venture that includes the opening of a new glass tubing facility to expand pharmaceutical manufacturing in India and allows SGD Pharma to adopt Corning’s Velocity® Vial technology platform.

Key Points: 
  • CORNING, N.Y., June 08, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW) and SGD Pharma today announced a joint venture that includes the opening of a new glass tubing facility to expand pharmaceutical manufacturing in India and allows SGD Pharma to adopt Corning’s Velocity® Vial technology platform.
  • SGD Pharma and Corning have broken ground on a new pharmaceutical glass tubing facility in Telangana, India.
  • The joint venture expands Velocity Vials’ manufacturing footprint, localizes its supply chains in India, and enables easier adoption of the technology by customers.
  • “The joint venture with SGD Pharma supports our continued global expansion as we localize manufacturing for our customers.

Corning Reports Fourth-Quarter and Full-Year 2022 Financial Results

Retrieved on: 
Tuesday, January 31, 2023

CORNING, N.Y., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced its fourth-quarter and full-year 2022 results and provided its outlook for first-quarter 2023.

Key Points: 
  • CORNING, N.Y., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced its fourth-quarter and full-year 2022 results and provided its outlook for first-quarter 2023.
  • Display Technologies maintained stable pricing year over year despite a sharp drop in panel maker utilization in the second half.
  • Management took actions to increase price and improve productivity in the fourth quarter of 2022.
  • We remain confident in our ability to deliver durable multiyear growth.”
    Ed Schlesinger, executive vice president and chief financial officer, said: “In 2022, we grew full-year sales and EPS.

Corning® Gorilla® Glass Victus® 2 Plays Key Role in the Design of Samsung Electronics’ Next Galaxy Flagship Smartphones

Retrieved on: 
Thursday, January 26, 2023

Gorilla Glass Victus 2’s new glass composition delivers improved drop performance on rough surfaces like concrete, while preserving the scratch resistance of Corning® Gorilla® Glass Victus®.

Key Points: 
  • Gorilla Glass Victus 2’s new glass composition delivers improved drop performance on rough surfaces like concrete, while preserving the scratch resistance of Corning® Gorilla® Glass Victus®.
  • “Today’s consumers expect damage-resistant smartphone displays,” said David Velasquez, vice president and general manager, Gorilla Glass.
  • “For more than a decade, Gorilla Glass has met the needs of smartphone users, setting the standard for tough cover materials.
  • “Our next generation of Galaxy flagship smartphones are the first devices to use Corning® Gorilla® Glass Victus® 2, offering better durability and improved sustainability at the same time.”
    Gorilla Glass Victus 2 launched in November 2022.

Corning Redefines Tough with Corning® Gorilla® Glass Victus® 2

Retrieved on: 
Wednesday, November 30, 2022

CORNING, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today unveiled its newest glass innovation, Corning Gorilla Glass Victus 2.

Key Points: 
  • CORNING, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today unveiled its newest glass innovation, Corning Gorilla Glass Victus 2.
  • Corning continues to push the boundaries of glass by expanding its Corning Gorilla Glass portfolio.
  • With a new glass composition, Gorilla Glass Victus 2 delivers improved drop performance on rough surfaces like concrete, the worlds most abundantly engineered material, while preserving the scratch resistance of Gorilla Glass Victus.
  • Gorilla Glass Victus 2 redefines tough for consumers and OEMs.

Corning Opens Optical Fiber Manufacturing Plant in Poland to Meet Growing Demand for High-Speed Connectivity in Europe

Retrieved on: 
Thursday, September 8, 2022

CORNING, N.Y., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today formally opened a new optical fiber manufacturing facility in Mszczonw, Poland, to meet growing demand for high-speed connectivity in the European Union and surrounding regions.

Key Points: 
  • CORNING, N.Y., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today formally opened a new optical fiber manufacturing facility in Mszczonw, Poland, to meet growing demand for high-speed connectivity in the European Union and surrounding regions.
  • Corning, as the inventor of low-loss optical fiber and as the world leader in passive optical communications, is uniquely positioned to support these network builds.
  • Corning is also expanding manufacturing capacity in the United States to meet growing bandwidth demand in North America.
  • By adding fiber manufacturing capacity in Poland, Corning will be able to increase local supply and manufacturing to serve global markets.

Corning Announces New Optical Cable Manufacturing Facility Supported by AT&T and Record Industry Broadband Demand

Retrieved on: 
Tuesday, August 30, 2022

Corning will build a new cable manufacturing facility in Gilbert, Arizona, located in the Greater Phoenix region, adding approximately 250 jobs and extending Corning's strategic investments in optical fiber, cable, and connectivity solutions to meet record demand.

Key Points: 
  • Corning will build a new cable manufacturing facility in Gilbert, Arizona, located in the Greater Phoenix region, adding approximately 250 jobs and extending Corning's strategic investments in optical fiber, cable, and connectivity solutions to meet record demand.
  • The new facility is Cornings latest in a series of investments in fiber and cable manufacturing totaling more than $500 million since 2020.
  • The Arizona facility, expected to open in 2024, will be the industrys western-most U.S. manufacturing site for optical cable allowing Corning to serve growing demand in the western U.S. and Canada.
  • This new facility will provide additional optical cable capacity to meet the record demand the industry is seeing for fast, reliable connectivity.

5E Advanced Materials Signs Letter of Intent With Corning Incorporated

Retrieved on: 
Monday, June 6, 2022

HOUSTON, June 06, 2022 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E,” “We,” “Our,” or the “Company”) has entered into a non-binding letter of intent (“LOI”) with Corning Incorporated (NYSE: GLW) (“Corning”) to supply boron specialty materials. Under the terms of the LOI, 5E and Corning will work towards a binding agreement for the supply of boron specialty and advanced materials, which are used in the manufacture of Corning’s products. 5E and Corning will also collaborate and share technical know-how for the purpose of developing and enhancing boron advanced materials.

Key Points: 
  • 5E signs Letter of Intent with Corning Inc. to supply boron specialty materials
    Corning is a Fortune 300 company and one of the largest technical glass manufacturers in the world, supplying precision glass to some of the worlds most innovative and influential companies, including leading consumer electronics manufacturers
    HOUSTON, June 06, 2022 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (5E, We, Our, or the Company) has entered into a non-binding letter of intent (LOI) with Corning Incorporated (NYSE: GLW) (Corning) to supply boron specialty materials.
  • 5E and Corning will also collaborate and share technical know-how for the purpose of developing and enhancing boron advanced materials.
  • Corning is a Fortune 300 company that draws upon materials science expertise and manufacturing process leadership to transform industries.
  • 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) is an exploration stage company focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials, complemented by lithium production capabilities.