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Corning Announces Supply Agreement

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CORNING, N.Y., March 9 -- Corning Inc. announced today the execution of a long-term purchase and supply agreement for large-size liquid crystal display (LCD) glass substrates with AU Optronics Corp. Under the agreement, Corning Display Technologies Taiwan Co. Ltd. will supply significant quantities of Generation 6 LCD glass to AU Optronics (AUO) for its new LCD fabrication facility in Taichung, Taiwan. As part of the agreement, AUO will prepay Corning in several installments, which it will be able to use in the form of credits against future glass purchases over the life of the contract....Read full article

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    Published: March 2005
    Glossary
    liquid crystal display
    An alphanumeric display formed by a layer of liquid crystal material sandwiched between two sheets of glass; a transparent conductive coating on the glass is etched to form the character segments. An applied voltage causes the appropriate segments to darken as the molecules in the liquid crystal change their arrangement.
    AU OptronicsCommunicationsCorningLCD fabricationLCD glass substratesliquid crystal displayMaterialsNews & FeaturesOFC/NFOEC 2005

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