Samsung and Corning announce joint venture, Lotus Glass coming to future Galaxy devices
The super scratch resistant Corning Gorilla Glass quickly became the gold standard for Android smartphones when it debuted over a year ago. Gorilla Glass made it so that it was okay if you happened to throw your phone in the same pocket as your keys, pens, or a tomahawk.
Samsung and Corning have announced a new joint venture between the two companies, which will bring Corning’s Lotus Glass technology to future Galaxy smartphones. Lotus Glass promises to bring enhanced picture quality, better response times, and higher resolutions, all while conserving power to keep your phone running longer.
Samsung has made a killing on selling Android devices with some of the most brilliant displays seen in a smartphone, and the combination of AMOLED and Lotus Glass will help Samsung maintain their dominance. We could see Lotus Glass come to Galaxy smartphones as early as this summer, when Samsung is expected to launch the Galaxy S III.
To learn more about Lotus Glass, we suggest you hit up Corning’s site. For more on the joint venture between Samsung and Corning, check out the press release below. Are you excited for Lotus Glass on Samsung super-phones? Sound off in the comments.
Show Press Release
February 02, 2012 08:00 AM Eastern Time
Corning and Samsung Mobile Display Form New OLED Glass Venture
New business expands Corning’s long-standing collaboration with Samsung
CORNING, N.Y.–(BUSINESS WIRE)–Corning Incorporated (NYSE: GLW) and Samsung Mobile Display Co., Ltd. have signed an agreement to establish a new equity venture for the manufacture of specialty glass substrates for the rapidly expanding organic light emitting diode (OLED) device market. The new business will be located in Korea.
“Samsung Mobile Display has led the global display industry by constantly seeking innovations and challenging current technologies’ limits. We are confident that combining our business powers with Corning’s technology leadership will deliver greater value to our clients”
Combining Corning’s Lotus™ Glass substrate technology and Samsung Mobile Display’s OLED display expertise, this new entity will be well-positioned to provide outstanding product solutions for current and future OLED technologies, from handheld and IT devices to large TVs and beyond.
The newly formed entity will supply OLED backplane glass substrates for Samsung Mobile Display, as well as for the broader Korean market.
According to a recent NPD DisplaySearch report, OLED technology advanced rapidly in 2011, setting a trend that is forecasted to continue through this decade. They estimate that OLED display revenues will exceed $4 billion in 2011 (approximately 4% of flat panel display revenues), and will reach more than $20 billion (approximately 16% of the total display industry) by 2018.
Samsung is playing a leading role in this emerging market through its Galaxy mobile device products and Super OLED TV technology introduced in January at the International Consumer Electronics Show. Corning’s ongoing advanced glass technology development includes a strong focus on high-performance displays. Most recently, this focus has been demonstrated through Corning’s new Lotus™ Glass substrates, which deliver the higher processing temperatures and improved dimensional stability needed to produce the new high performance displays.
“Samsung Mobile Display has led the global display industry by constantly seeking innovations and challenging current technologies’ limits. We are confident that combining our business powers with Corning’s technology leadership will deliver greater value to our clients,” said Soo In Cho, Samsung Mobile Display’s president and chief executive officer.
“Corning and Samsung have a long and successful partnership in the display industry, dating back nearly 40 years to the early days of television,” said Wendell P. Weeks, Corning’s chairman, chief executive officer, and president. “The strength of our business relationship is built on Corning’s ability to develop and make high-technology glass with the key attributes that enable Samsung’s next-generation displays. Together, we have led the evolution of displays – from the high-growth years of CRT, to our current successful business supplying world-leading substrates for today’s high-definition LCD TVs, and now to the launch of this important new venture to advance OLED technology,” Weeks stated.
Via: Android and Me
