Corning Earns Soar In 1Q On TV Glass Demand

Date: 3 May 2010
Source: Google.com

Date: 3 May 2010

ROCHESTER, N.Y. — Corning Inc. said Wednesday its profit soared to $816 million in the first quarter on surging sales of LCD glass for flat-panel televisions and computers and highly durable cover glass for cell phones and handheld video devices.

The world's largest maker of liquid-crystal-display glass said it expects robust demand for LCD-TVs, laptops and desktop computers, along with an improved retail outlook for those consumer electronics products, will bump up LCD glass industry volume in 2010. The glass pioneer, which commands nearly two-thirds of the LCD glass market, now expects volume to reach 2.9 billion to 3.1 billion square feet in 2010, up as much as 27 percent from 2.45 billion square feet in 2009.It previously forecast a range of 2.8 billion to 3 billion square feet this year.
 
Read more here.

600450 Corning Earns Soar In 1Q On TV Glass Demand glassonweb.com

See more news about:

Others also read

In order to further reduce the carbon footprint of architectural glass, Glas Trösch will focus on thin glass solutions in the future.
Glaston, a leader in the glass processing industry and the inventor of the Thermo Plastic Spacer (TPS®), has developed a new processing method suitable to install thin glass into triple insulating glass units.
Corning Incorporated joins not-for-profit Glass Futures in support of the organization’s efforts to make glass manufacturing fully sustainable.
Newest Corning Gorilla Glass for Automotive Interiors solutions widen the design window to reliably and economically enable next-generation trends.
Retrofitted facility will be third Corning manufacturing site in Hefei, China.
Corning is changing the rules of interior architecture with their durable, lightweight, thin, optically clear solution - Corning® Gorilla® Glass

Add new comment