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2024'11.26.Tue
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2007'04.26.Thu
Corning To Bring Generation 8 Capability to Taiwan
April 26, 2007


Additional Large Size Capacity Will Support Customers in
Taiwan and Japan


    CORNING, N.Y. April 26 /Xinhua-PRNewswire/ -- Corning
Incorporated (NYSE: GLW) announced on April 25 that its
board of directors has approved a capital expenditure plan
of $129 million to further expand manufacturing capacity
for large-size glass substrates for active matrix liquid
crystal displays (LCD) at its Taichung, Taiwan
manufacturing facility.

    (Logo: http://www.xprn.com.cn/xprn/sa/200612081746.jpg
)

    In addition to enabling Generation (Gen) 8
manufacturing capabilities in Taiwan, the investment will
create additional finishing capacity for Gen 7.5.  The
expenditure will be incurred over two and a half years,
with glass substrate production expected to begin by
mid-2008.

    "Very large Gen sizes, such as Gen 8, are all
about TV," said James P. Clappin, president of Corning
Display Technologies.  "As LCD becomes a leading
technology for televisions in the 40-inch and larger size
range, this expansion helps our customers in Taiwan and
Japan meet the growing demand."

    "Bringing Gen 8 finishing capability to the
Taichung facility offers the flexibility of meeting future
Taiwan demand with local capacity," said Alan T.
Eusden, president, Corning Display Technologies Taiwan.

    At 2160 x 2460 mm, Gen 8 is currently the largest glass
substrate available, but next-generation substrates are
already on the horizon.

    About Corning Incorporated

    Corning Incorporated ( http://www.corning.com ) is the
world leader in specialty glass and ceramics. Drawing on
more than 150 years of materials science and process
engineering knowledge, Corning creates and makes keystone
components that enable high-technology systems for consumer
electronics, mobile emissions control, telecommunications
and life sciences.  Our products include glass substrates
for LCD televisions, computer monitors and laptops; ceramic
substrates and filters for mobile emission control systems;
optical fiber, cable, hardware & equipment for
telecommunications networks; optical biosensors for drug
discovery; and other advanced optics and specialty glass
solutions for a number of industries including
semiconductor, aerospace, defense, astronomy and
metrology.

    Forward-Looking and Cautionary Statements

    This press release contains forward-looking statements
that involve a variety of business risks and other
uncertainties that could cause actual results to differ
materially.  These risks and uncertainties include the
possibility of changes in global economic and political
conditions; currency fluctuations; product demand and
industry capacity; competition; manufacturing efficiencies;
cost reductions; availability of critical components and
materials; new product  commercialization; changes in the
mix of sales between premium and non-premium products;  new
plant start-up costs; possible disruption in commercial
activities due to terrorist activity, armed conflict,
political instability 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;
stock price fluctuations; and adverse litigation or
regulatory developments.  Additional risk factors are
identified 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.


    For more information, please contact:

    Media Relations Contacts: Corning

     James E. Terry
     Tel:    +1-607-974-7343
     Email:  terryje@corning.com

     Daniel F. Collins
     Tel:    +1-607-974-4197
     Email:  collinsdf@corning.com 

    Media Relations Contact: Taiwan

     Shao-Kang Lee
     Tel:    +886-2-27160338, ext. 6221
     Mobile: +886-932-886990
     Email:  leesk@corning.com

    Investor Relations Contact: 

     Kenneth C. Sofio
     Tel:   +1-607-974-7705
     Email: sofiokc@corning.com

PR
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