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.
U.S. glassmaker to boost South Korean production for foldable phones
Samsung's Z Flip 5 and Z Fold 5 phones rely on Corning's ultrathin, flexible glass. © Reuters
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.