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Demand for glass helped Corning make a profit in its second quarter but it warned it was running out of glass and would have to build another glass factory.The firm made net profits of $108 million on turnover of $971 million.

Corning Incorporated will meet with investors over the next two weeks to discuss the company's three growth opportunities and its progress on improved profitability in 2004.

Samsung Corning has raised its stake in electronic component maker Shenzhen SEG Samsung Glass Co. (Q.SSK) to 35%, equal with the founding partner, according to a statement Monday.

Corning Inc., the world's largest maker of fiber-optic cable, said on Tuesday it will expand a liquid crystal display glass plant in Taiwan because of growing demand from the computer and television industries.

James Houghton returned from partial retirement on Monday to take the helm at Corning as the venerable glass company based in upstate New York continued its efforts to recover from a disastrous move into optical communications.

U.S. silicone-based products maker Dow Corning Corp will build a plant in Malaysia this year as part of a pledge made in 1998 to invest two billion ringgit ($526 million) in the country, newspapers said on Tuesday.