Corning Sees Flexible Glass in Consumer Electronics by 2013
Corning Inc. (GLW), the maker of glass used in devices made by Apple Inc. (AAPL) and Samsung Electronics Co., released flexible ultra-thin glass that it expects to see in consumer electronics by next year.
Corning sent out samples of the glass to makers of phones, tablets and televisions today. The glass, which can be wrapped around a device or structure, can be manufactured in a roll, similar to how newsprint is produced, and will support thinner displays, Corning Chief Financial Officer James Flaws said.
“We’re hopeful that by 2013, just a short 7 months away, it’ll be available in consumer products,” Flaws said in an interview today in New York. “There’s a revolution coming in new types of displays -- displays will be more conformable.”
As electronics screens become sharper, Corning is trying to capture market share from plastics makers and other glass makers. Apple’s retina display for the new iPad tablet, for example, is an indication of the quality device makers are aiming for in smartphones, televisions and other tablets, Flaws said.
Shares of the Corning, New York-based company fell 2 percent to $12.36 at 11:34 a.m. in New York. The stock has slipped 4.9 percent this year.
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