Corning Incorporated (NYSE: GLW) announced Samsung Display’s selection of Corning Lotus™ NXT Glass for its line of low-temperature polysilicon (LTPS), organic light-emitting diode (OLED) panels.

Samsung Display, a global leader in display panel technology and products, selected Lotus NXT Glass as its backplane substrate because it enables higher-resolution, more energy-efficient displays. Samsung Display produces LTPS-OLED panels for its customers who subsequently use them in high-resolution smart phones and tablets.

Samsung Display’s LTPS-OLED panels using Lotus NXT Glass now power the Galaxy Note5, the newest product of Samsung Electronics Co., Ltd. The Galaxy Note5, introduced on Aug. 13, has a 5.7-inch Quad-HD Super AMOLED display packed with rich multimedia and multitasking capabilities. Dimensionally stable Lotus NXT Glass supports higher pixels per inch, allowing the Galaxy Note5 to feature crisp, clear, true-to-life pictures.

Corning unveiled Lotus NXT Glass – its third-generation composition for high-performance displays – on June 1. It features outstanding total pitch variation – an integral element to panel performance that enables exceptionally high resolutions and vividly bright displays.

“We’re excited to build on our long tradition of collaboration with Samsung Display,” said Michael Kunigonis, business director, High Performance Displays, Corning Glass Technologies. “With the adoption of Lotus NXT Glass for the Galaxy Note5, Corning is helping Samsung produce stunning and vivid displays that meet the performance expectations of today’s consumers.”

In addition to Lotus NXT Glass, the Galaxy Note5 features Corning^® Gorilla^® Glass 4 – the latest generation of the industry-leading cover glass now used on more than 4 billion devices. Gorilla Glass 4 offers improved performance in resisting breakage from drops on rough surfaces, making it ideal for consumer electronic devices.

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 the financial 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 fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; 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 other risk factors are detailed in 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 (www.corning.com) is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. Corning’s businesses and markets are constantly evolving. Today, Corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. They include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissions-control products for cars, trucks, and off-road vehicles.