Corning (GLW +2.4%), which badly needs new growth opportunities for its display glass business,...

|About: Corning Inc. (GLW)|By:, SA News Editor

Corning (GLW +2.4%), which badly needs new growth opportunities for its display glass business, is forming a JV with Samsung (SSNLF.PK) that will produce substrates based on Corning's Lotus Glass for Samsung's OLED mobile displays. The news is a positive for OLED technology and materials supplier Universal Display (PANL +2.8%), which counts Samsung as its largest customer.