Corning to Buy Samsung's Stake from LCD Venture
Corning today announced that it has agreed to purchase Samsung's stake in an LCD joint venture the two companies have operated together since 1995. Samsung owns about 43% of Samsung Corning Precision Materials, which makes LCD panels for televisions, laptops, and mobile phones. Corning will also buy out the stakes owned by other minority holders to take full control of the joint venture. Under the terms of the agreement, Corning has agreed to supply Samsung with its glass LCD panels for a period of 10 years. Corning makes Gorilla Glass for mobile devices, which is resistant to breakage. The companies expect the deal to close during the first quarter of 2014.
Micro-LED Backlights Could Bring OLED Performance to LCD Screens
AT CES this week, Rohinni demonstrated its micro-LED technology, and provided a glimpse at new backlight technology it's working on for the LCD display panels used in phones. While most LED chips are around 1mm, Rohinni's micro-LEDs are many times smaller and can be placed precisely on thin, flexible plastic sheets.
Corning Gorilla Glass SR+ Targets Wearables
Corning this week announced Gorilla Glass SR+, a scratch resistant glass intended for smartwatches and other wearables. Corning says Gorilla Glass SR+ is strong and provides the same optical clarity and touch sensitivity of its normal glass while also boosting resistance to impact damage by 70%.
Apple Awards Face ID Laser Company Finisar with $390 Million
Apple today said it plans to invest $390 million in Finisar, the Texas-based supplier of its VCSEL (vertical-cavity surface-emitting lasers) wafers. Apple uses the VCSEL technology in the iPhone X to power Face ID, Animoji, and portrait photography in the TrueDepth camera.
Gorilla Glass 5 from Corning to Better Withstand Drops
Corning today announced Gorilla Glass 5, a new breed of toughened glass made to survive the everyday perils of drops. Gorilla Glass has long been able to handle sharp impacts, but drops from waist height are the most common way to break screens.