CHONGQING, China — Corning Incorporated (NYSE: GLW) today successfully concluded a four-month Innovation Application Challenge designed to encourage college students in Anhui, Chongqing and Sichuan to apply materials science to solve future technological challenges.
“Corning Makers” is a STEM-related activity (science, technology, engineering, and math) that asks students to observe real-life problems and solve them using one of Corning’s three core materials (i.e., glass, ceramic, or fiber optics) the question. Following the successful conclusion of the first event in Anhui last year, this year, the event has been further expanded to cover Chongqing, Sichuan and other regions.
This year, with the assistance of Enactus China, a non-profit organization dedicated to promoting the growth of college students through project-based learning and practicing entrepreneurship, the “Corning Star Home” campaign received a total of 351 students from 30 schools. Over 149 innovative proposals submitted by student representatives. After evaluation by a jury composed of Corning representatives and external experts, a total of 10 teams entered the finals.
In the final on December 13, 10 teams each made a wonderful final speech. After the final evaluation by the jury, the ceramic dust mask project from Chengdu University of Information Technology won the first prize. Chongqing Jiaotong University’s dazzling windshield renovation project based on light-sensitive perception and processing system and Anhui University’s ceramic heating coffee table project were awarded the second and third prizes respectively. The ceramic dust mask project received the most votes on-site and online and was awarded the “Best Popularity Award”.
“The Corning Creators event is our way of supporting the growth of the next generation of scientists, engineers and business talent,” said Zhishan Chen, president of Corning Display Technologies China. “We are delighted to see so many students taking part in the competition and applying innovative thinking to solve real-world problems through the use of three materials.”
“Corning shares the company’s materials technology expertise and innovation accumulation with its most valuable resource – young people; helping them acquire the skills and opportunities they need to compete in a rapidly changing world,” said Zhishan Chen. “We believe this educational event, while small, is an important step in continuing to deepen Corning’s partnership with the communities in the regions where we operate.”
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Some of the risks and uncertainties that may cause actual results to differ materially from those expressed or implied in forward-looking statements include, but are not limited to: the impact of corporate acquisitions, allocations or other similar transactions; global political, economic and business situations; Tariffs and import taxes; exchange rate fluctuations between the U.S. dollar and other currencies (mainly Japanese yen, euro, Chinese yuan, and Korean won); product demand and industrial capacity; product competition and bidding; availability and cost of key components and raw materials; new Product development and commercialization; order activity and demand from major customers; cash flow, income and other circumstances that may affect the ability to repay quarterly dividends on a regular basis or share buybacks; due to terrorist activities, cyber attacks, armed conflicts, and unstable political and financial environments potential disruption of business activities due to natural disasters, natural disasters or major health problems; unanticipated disruption of business activities due to equipment, plants, information technology systems and operations; policy and regulatory impacts; capital affordability to respond to anticipated customer needs; rate of change in technology; patent rights Ability to execute, intellectual property and trade secret protection; adverse litigation; product and component performance issues; retention of key talent; especially for the display technology business, the ability of customers to generate revenue, finance their operations and expansion As well as accounts receivable serviceability; significant customer losses; changes in laws and regulations, including the Tax Cuts and Jobs Act of 2017; the impact of tax authority audits; the impact of legislation, government regulations, and other relevant sector activities.
Full statements regarding risks and other factors are set forth in the Risk Factors and Forward-Looking Statements section of Corning’s Annual Report on Form 10-K and Quarterly Reports on Form 10-K.
