Corning Incorporated : Corning Celebrates Opening Ceremony of LCD Glass Plant in China

Corning Incorporated : Corning Celebrates Opening Ceremony of LCD Glass Plant
                                   in China

         Beijing plant will supply panel makers on the China mainland

CORNING, N.Y. -Corning Incorporated (NYSE:GLW) today hosted a grand opening
ceremony for a new liquid crystal display (LCD) glass substrate manufacturing
facility in the People's Republic of China.

Located in the Beijing Economic Technological Development Area, this is the
company's second thin-film transistor-liquid crystal display glass production
facility in China. Corning will provide melting, forming and finishing
capabilities up to Gen 8.5 for TFT-LCD customers, including Beijing Optical
Electronics (BOE). Corning also has LCD glass facilities in the U.S., Japan,
and Taiwan, as well as in Korea through its 50%-owned equity venture, Samsung
Corning Precision Materials.

"Our newest Beijing TFT-LCD plant reaffirms our commitment not only to our LCD
customers, but also to the growing China LCD industry. Corning recognizes
that China is the world's leading consumer and one of the largest producers of
LCD panels for TV applications. As an industry leader in TFT-LCD glass and
other advanced display products, Corning is committed to providing customers
with reliable supplies across our worldwide network," said James P. Clappin,
president of Corning Glass Technologies.

In 2010, Corning announced an $800 million investment to construct this new
LCD glass substrate facility. With the support of the Beijing municipal
government and other local officials, Corning located this new facility in the
Beijing Digital TV Industry Park within the Beijing Economic Technological
Development Area. This plant is located near Corning's Beijing-based LCD
panel maker customers to enable more efficient collaboration on projects of
mutual interest.

Commenting on today's announcement, Li Fang, president and general manager,
Corning Greater China said, "I want to extend my sincere thanks and gratitude
to the municipalities and authorities that we had the opportunity to work with
throughout this process. Corning was the first TFT-LCD glass substrate
supplier to announce that it would locate a production facility on the China
mainland, and today's celebration marks the latest milestone in Corning's
ongoing support of China's economic growth. Corning is fully committed to the
TFT-LCD industry in China and to growing with our customers."

Forward-Looking and Cautionary Statements
This press release contains "forward-looking statements" (within the meaning
of the Private Securities Litigation Reform Act of 1995), which are based on
current expectations and assumptions about Corning's financial results and
business operations, that involve substantial risks and uncertainties that
could cause actual results to differ materially. These risks and uncertainties
include: the effect of global political, economic and business
conditions;conditions in thefinancial and credit markets;currency
fluctuations;tax rates; product demand and industry capacity; competition;
reliance on a concentrated customer base; manufacturing efficiencies; cost
reductions; availability of critical components and materials; new product
commercialization; pricing fluctuationsandchanges in the mix of sales
between premium and non-premium products;new plant start-upor
restructuringcosts; possible disruption in commercial activities due to
terrorist activity, armed conflict, political or financial instability,
natural disasters, adverse weather conditions, or major health concerns;
adequacy of insurance; equity company activities; acquisition and divestiture
activities; the level of excess or obsolete inventory; the rate of technology
change; the ability to enforce patents; product and components performance
issues; retention of key personnel; stock price fluctuations; and adverse
litigation or regulatory developments.These and otherrisk factors
aredetailedin Corning's filings with the Securities and Exchange
Commission.Forward-looking statements speak only as of the day that they are
made, and Corning undertakes no obligation to update them in light of new
information or future events.

About Corning Incorporated
Corning Incorporated (www.corning.com) is the world leader in specialty glass
and ceramics. Drawing on more than 160 years of materials science and process
engineering knowledge, Corning creates and makes keystone components that
enable high-technology systems for consumer electronics, mobile emissions
control, telecommunications and life sciences. Our products include glass
substrates for LCD televisions, computer monitors and laptops; ceramic
substrates and filters for mobile emission control systems; optical fiber,
cable, hardware & equipment for telecommunications networks; optical
biosensors for drug discovery; and other advanced optics and specialty glass
solutions for a number of industries including semiconductor, aerospace,
defense, astronomy, and metrology.

Media Relations Contacts - Corning:           
John A. O'Hare

(607)
974-7488
ohareja@corning.com  
   

M. Elizabeth Dann
(607) 974-4989
dannme@corning.com

Media Relations Contact - China:
Min Qu       
011-86-21-22152888 ext. 1900    
qum@corning.com   

Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com

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Source: Corning Incorporated via Thomson Reuters ONE
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