Samsung supply chain: Corning to invest $1.5bn in bendable glass output

U.S. glassmaker to boost South Korean production for foldable phones

20230901N Samsung

Samsung's Z Flip 5 and Z Fold 5 phones rely on Corning's ultrathin, flexible glass. © Reuters

KOTARO HOSOKAWA, Nikkei staff writer

SEOUL -- U.S. specialty glass producer Corning will invest $1.5 billion in South Korea to increase supply capacity for products including ultrathin, bendable glass used in Samsung Electronics' foldable smartphones.

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