In a strategic manoeuvre to capture the burgeoning market for bendable glass, Corning Incorporated has chosen South Korea as its central hub for the entire production process of this innovative material. Wendell Weeks, Corning's CEO, cited the longstanding partnership with Samsung Electronics and particularly his relationship with its Chairman, Lee Jae-yong, as pivotal factors in the decision. Weeks is set to meet with Samsung executives, including Chairman Lee, on September 1 to further discussions on extending the collaboration.
The announcement was part of a commemorative press conference held at Seoul's Shilla Hotel on August 31, celebrating Corning. . .