The announcement comes just days after the European Commission opened an antitrust investigation into Corning over whether it uses exclusive supply agreements to stifle competition. Both Samsung and Apple use Corning’s ultra-tough alkali-aluminosilicate glass — or Gorilla Glass — on their phones,

On Wednesday, the European Union opened an investigation of U.S. manufacturer Corning over possible anti-competitive practices. Corning may not be a name

Corning is facing European Union antitrust scrutiny after the bloc’s watchdog said it’s investigating the speciality glass maker’s exclusive deals for its Gorilla Glass used in cellphones.

The Commerce Department said Corning plans to use the money to increase production of its High Purity Fused Silica (HPFS) and Extreme Ultra Low Expansion Glass

Corning is primarily known for its ruggedized glasses for smartphones and is barely known in the semiconductor industry. Yet, its contribution to the production of chips using leading-edge technologies is rather huge.

The European Union launched an investigation into Corning Inc., the American company behind the popular Gorilla Glass, for possible violations of competition laws. Corning, a major supplier of specialized toughened glass used in smartphones and electronic devices,

Corning (NYSE:GLW) was named to receive $32M in direct funding under the CHIPS and Science Act to help support the U.S. semiconductor supply chain after the Department of Commerce signed a preliminary memorandum of terms on Friday.