Saturday, February 04, 2012

Corning and Samsung form joint venture to combine ‘Lotus Glass’ with OLED displays

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Samsung and Corning — best known for its Gorilla Glass products — announced a new joint venture this week that will manufacture specialty glass substrates for OLED displays. The joint venture will be based in South Korea and will combine Samsung’s OLED display technology with Corning’s ultra tough Lotus Glass substrate. The new displays will be utilized in mobile devices as well as larger products, such as televisions, and will be used in Samsung products and sold to other South Korean manufacturers. ”Corning and Samsung have a long and successful partnership in the display industry, dating back nearly 40 years to the early days of television,” Corning chairman, President and CEO Wendell P. Weeks said. “The strength of our business relationship is built on Corning’s ability to develop and make high-technology glass with the key attributes that enable Samsung’s next-generation displays.”

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