text: S C I E N C E & T E C H N O L O G Y 
  
  Corning’s long history of extraordinary innovation continues in 
  the context of managing the sensitive balance between the near-term 
  alignment of R&D and business objectives, and longer-range 
  discovery research and new opportunity creation. 
  
  Over the past year, we adjusted our R&D spending to align 
  with business conditions. At the same time, we carefully preserved 
  our core technology capabilities to ensure our capacity to lead our 
  markets and create life-changing innovations. 
  
  We have tightened our focus on high-impact projects and have 
  streamlined our processes to develop and commercialize promising 
  opportunities more quickly and efficiently. We have emphasized 
  our patent processes to ensure strong competitive positions from the 
  critical intellectual assets of our scientific organization. 
  
  Our R&D organization is aligned with our operating goals and 
  plays a critical role in meeting them. Our scientists and engineers 
  are closely linked to our operations and are focused not only on 
  new product development, but also new process development. They 
  are discovering new ways to manufacture innovative products with 
  lowered cost and increased quality performance. 
  
  Innovation is one of Corning’s core Values. It is the everyday 
  language and mindset of the company. Even in the face of difficult 
  economic conditions, we will pursue our tradition of developing 
  breakthrough technologies for the markets we serve — from 
  telecommunications to environmental — and will capitalize on the 
  creation of new market opportunities made possible by our strong 
  commitment to research and development. 