Corning Corporation (NYSE: GLW) today announced a 20% increase in the price of its display substrate glass. This worldwide price increase will begin in Q3 2023 and will cover all countries, product portfolios and generation sizes.

The price adjustment is intended to offset the high cost of energy, raw materials and other non-yen denominated operating expenses during the period of sustained inflation, which have affected many industries around the world, including the display industry.

Corning expects display glass demand to grow in the second half of 2023 as the display industry continues to recover and is driven by typical seasonal demand.

Corning will continue to monitor its operating environment and make future price adjustments based on changes in market conditions, costs subject to inflation and other industry trends.

Gestant Display Technology Co.,Ltd. could provide a series of LCD and OLED products, such as AMOLED Screen, PMOLED Screen, Round Display Screen, Flexible Display Screen, TFT LCD, Mono-LCD and Bar Display Screen. Customize PCBA/LCD/OLED/FPC/Backlight/Coverlens/TP solutions.

Gestant Display Technology Co.,LTD was founded in 2012 in Shenzhen China. Even, the founder of the company, has more than 15 years of rich experience in LCD display industry. He has been engaging in the basic research of LCD display technology in Japan since his graduate school and has been working in the flat panel display industry after graduation.

Proficient in the manufacturing process and technology development of LCD / OLED / polarizer, Even was also one of the members of China liquid crystal Association who has a senior industry background and supply chain resources. In the past three years, he assisted his shareholders in building factories, purchasing equipment，establishing production lines, and successfully obtaining ISO9001 and ISO14001 system certificates.

He has established good business relations with major panel manufacturers in China (BOE /Tianma / IVO /EDO / Visionox), and the glass supply is stable and sufficient.

Gestant Display's products are widely used in Smart wear，Smart home，Outdoor photography，IP phones, Medical care, Industrial control equipment, Automotive and Vehicle displays, Instrumentation, and other Information terminal applications which could offer long-term after-sale services(such as 2 years quality warranty, long-term supply) .