CORNING, N.Y. — Corning Incorporated (NYSE: GLW) announced today that it was named the 3D InCites Material Supplier of the Year. Corning had been nominated specifically for its development of glass carriers optimized for advanced semiconductor packaging processes.

This new offering, called Corning Advanced Packaging Carriers, reduces customers’ challenge of in-process warp by up to 40 percent. That improvement contributes to reduced development cycle time and maximized chip yields for customers pursuing fan-out packaging. 

 “This award is a milestone achievement for Corning,” said Rustom Desai, commercial director of Corning Precision Glass Solutions. “It further validates our commitment to developing cutting edge, glass-based solutions for the world’s leading semiconductor companies.”

Françoise von Trapp, editorial director of  3D InCites, announced the winners at the International Microelectronics Assembly and Packaging Society’s Device Packaging Conference in Fountain Hills, Arizona last week. The annual award recognizes achievements in furthering the commercialization of 2.5D and 3D integrated circuit technologies.

“Wafer warpage has been an ongoing challenge for advanced fan-out processes. It’s fitting that Corning be recognized by its industry peers for providing a solution,” said von Trapp. “We’re pleased to present them with the 2019 3D InCites Material Supplier of the Year award for this significant technology innovation.”

Precision Glass Solutions is a business unit within Corning that addresses emerging requirements for glass across micro-electronics and micro-optics. It synthesizes multiple Corning capabilities including the company’s proprietary glass manufacturing platforms, finishing processes, best-in-class metrology instruments, automated laser glass-cutting tools, and optical design expertise to deliver tailored solutions to customers.

Learn more about Corning Precision Glass Solutions here:
http://www.corning.com/worldwide/en/products/advanced-optics/product-materials/PrecisionGlassSolutions.html

Caution Concerning Forward-Looking 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 business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; unanticipated disruption to equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.

For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. 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.

Digital Media Disclosure

In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated (“Corning”) wishes to notify investors, media, and other interested parties that it uses its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning’s media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company’s SEC filings, press releases, conference calls, and webcasts.

About Corning Incorporated

Corning (www.corning.com) is one of the world's leading innovators in materials science, with a 166-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramics science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.

Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.

About 3D InCites

3D InCites is an online media platform founded in 2009 to stir up interest in 3D integration and heterogeneous integration technologies. As a community, 3D InCites brings to life the people, the personalities, and the minds behind heterogeneous integration and related technologies in a uniquely personal way. The goal is to inform key decision-makers about progress in technology development, design,  standards, infrastructure, and implementation. Learn more at www.3DInCites.com