Strong worldwide consumer demand for LCD TVs, notebook computers, and myriad handheld personal communication devices should drive increased sales and earnings for Corning in 2010,...
Corning has reported net income of US$740 million for the fourth quarter of 2009, up 15% from US$643 million for the previous quarter and up 197% on year from US$249 million.
Corning may set up glass melting tanks in China to meet the needs of its clients, including Taiwan's LCD panel makers, Corning Display Technologies Taiwan (CDTT) president Alan Eusden...
Corning has announced that continued strength in worldwide LCD TV sales has led to an increase in the company's fourth-quarter glass substrate volume expectations, and an improved...
A manufacturing interruption at a Corning plant in Taiwan will reduce availability of glass used for making LCDs in the fourth quarter of 2009, but will not drive up panel prices,...
Corning has reported that display business revenues rose slightly sequentially to US$679 million in the third quarter, as sales were impacted by an earthquake that affected production...
The power disruption that affected Corning's glass substrate production at the Central Taiwan Science Park (CTSP) may help ease the oversupply expected in the fourth quarter of 2009,...
Corning has announced that its LCD glass manufacturing facility in Taichung, Taiwan, experienced a power disruption over the weekend (October 17-18) that affected some of its glass-making...
Many companies went bankrupt in the financial storm, and the remaining companies also learned the lesson the hard way. In the aftermath of the financial woes, many enterprises are...
Corning CEO and chairman Wendell P Weeks has commented that the entrance of LG Chem into the glass substrate segment may not pose a major threat as the industry has very high barriers...
Shipments of large-size TFT-LCD panels reached 47.1 million units in June 2009, up 9% sequentially and up 26.2% on year, according to iSuppli. This increase represents an acceleration...
LCD panel prices are expected to drop in the fourth quarter as the tight supply of glass substrates is easing with Corning restarting its Shizuoka plant in Japan, according to panel...
Corning is restarting production at its facility in Japan that was damaged by an earthquake in August 2009 and it has seen encouraging signs in the LCD market, according to company...
LCD TVs still have big growth potential because their current penetration rate remains low at 13% of the total two billion units of installed TVs worldwide, according to Corning CEO...
An earthquake in Japan this month at a plant operated by Corning will slightly exacerbate an existing shortage of glass for LCDs, but the impact is not likely to have a major impact...
