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Tag: corning

Corning snaps up Samsung's fiber business, strengthens Asia-Pacific presence

2014-12-02 18:16:33| Industrial Machines - Topix.net

Corning is acquiring Samsung's fiber optics business, a move that will immediately enhance its presence in the growing Asia-Pacific market. Although the financial terms of the purchase were not disclosed, Corning will get Samsung's fiber optic manufacturing base in Korea and China.

Tags: business presence fiber snaps

Samsung sells fibre-optics business to Corning

2014-12-02 15:04:00| Telecompaper Headlines

(Telecompaper) Corning announced a definitive agreement to acquire the fibre-optics business of Samsung Electronics. The latest in a series of non-core asset sales by Samsung, financial terms of the acquisition were not disclosed. Corning said it expects to close the deal in Q1 2015, pending regulatory approvals. Samsung provides fibre and cable equipment to operators in South Korea, China and southeast Asia. Corning will integrate Samsung's activities, with manufacturing facilities in Gumi, South Korea and Hainan, China, into the the Corning Optical Communications business segment.

Tags: business samsung sells corning

Samsung Electronics to sell fibre optics business to Corning

2014-12-02 10:51:29| Telecom - Topix.net

South Korea's Samsung Electronics Co Ltd said on Tuesday that it will sell its fibre optics business to U.S. glass panel supplier Corning Inc, without disclosing terms of the sale. The sale will include Samsung Electronics' production facilities for the business in China and South Korea, the company's spokeswoman said.

Tags: business sell electronics samsung

Samsung Electronics to sell fiber optics business to Corning

2014-12-02 10:51:28| Telecom - Topix.net

South Korea's Samsung Electronics Co Ltd said on Tuesday that it will sell its fiber optics business to U.S. glass panel supplier Corning Inc, without disclosing terms of the sale. The sale will include Samsung Electronics' production facilities for the business in China and South Korea, the company's spokeswoman said.

Tags: business sell electronics samsung

Corning unveils twice as tough Gorilla Glass 4

2014-11-21 08:31:00| Telecompaper Headlines

(Telecompaper) Corning has announced the launch of Gorilla Glass 4, which it claims is up to two times tougher than any competitive cover glass design in the market. According to Corning, the new Gorilla Glass will protect the glass used in smartphones or tablets from shattering if they're accidentally dropped. The company's scientists used new methods to drop devices face down from a height of one meter, creating a glass that Corning says survived the fall about 80 percent of the time, while the soda-lime glass used in other phones shattered in nearly every test. "With Gorilla Glass 4, we have focused on significantly improving protection against sharp contact damage, which is the primary reason that mobile devices break," said Corning in a statement. Since its launch in 2007, Gorilla Glass has been featured in more than three billion devices. Corning said its global customers including Samsung, LG, HTC, Motorola, and Microsoft had already begun product sampling and shipment for Gorilla Glass 4.

Tags: glass tough gorilla unveils

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