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NEWS TAGGED CORNING
Tuesday 5 May 2009
Corning and Microvision announce agreement for supply of green lasers for microprojectors
Corning and Microvision have announced that the companies have entered into a supply agreement under which Corning will supply its G-1000 green lasers to Microvision, as a key component...
Monday 4 May 2009
Corning CEO describes 2008 as a year with 'split personality'
Corning chairman and CEO Wendell P Weeks has described 2008 as a year with a "split personality," as he recalled how the company was heading towards record-breaking performance...
Tuesday 28 April 2009
Corning 1Q09 sales down, but expects strong LCD glass demand in 2Q09
Corning has announced that revenues for the first quarter of 2009 declined 9% sequentially to US$989 million, but it expects that continued strengthen in the LCD TV market will boost...
Friday 20 March 2009
AUO is optimistic for 2009 outlook
LJ Chen, president and CEO of AU Optronics (AUO), has struck an optimistic note about the LCD panel market in 2009, saying the industry does not need to be pessimistic because of...
Friday 20 March 2009
Corning more upbeat about 1Q09
Encouraging data from panel makers and LCD TV retail sales indicate that the display supply chain is performing as predicted, according to Corning. As a result, the company has been...
Tuesday 3 March 2009
Corning optimistic about LCD market
Corning has expressed optimism for the LCD market, as it has seen encouraging signs in strong LCD TV sales, healthy inventories and stable prices.
Monday 9 February 2009
Corning prepared for prolonged recession, but expects LCD demand recovery starting in 2Q09
Hard hit by slowing global economies, Corning is prepared for a prolonged recession, "but well positioned in key growth markets to take advantage of opportunities when the economy...
Wednesday 10 December 2008
Corning notes LCD glass oversupply, prices to drop more than usual in 1Q09
Although noting the recent strength of LCD TV unit sales in the retail channel, LCD glass maker Corning admitted the LCD supply chain is still correcting for excess inventory. According...
Friday 21 November 2008
Corning to lay off 200 contract workers worldwide and 85 employees in Kentucky
Corning has denied speculation that it would lay off salaried employees in Taiwan. But the glass substrate supplier has revealed that it plans to discontinue about 200 contract workers...
Wednesday 19 November 2008
Corning withdraws 4Q08 and 2009 guidance
Citing declining LCD glass demand, Corning has announced that it will withdraw its previously disclosed financial guidance for the fourth quarter of 2008 and the entire 2009.
Thursday 30 October 2008
Corning expects profits and LCD glass shipments to drop in 4Q08
Corning has reported a slight sequential increase in its LCD glass shipments and a sharp sequential decline in overall profits for the third quarter, and it expects LCD glass shipments...
Wednesday 8 October 2008
Corning to delay construction at Taichung facility, cuts 2009 capex
Noting what he called current economic turbulence, Corning vice chairman and CFO James B Flaws indicated that the LCD glass maker is widening its estimates on the lower-end for 2009...
Monday 30 June 2008
TFT LCD production in 2008-2009 to be enabled by plentiful supply of glass substrates, says DisplaySearch
There appears to be no constraint on TFT LCD panel production for PC and TV applications this year or next, as 20 tanks of TFT LCD glass substrate capacity will come on-line in 2008,...
Thursday 26 June 2008
LCD glass substrate suppliers optimistic about market
With LCD panel makers fast expanding their capacities and a TV market continuing to grow despite an economic downturn, major glass substrate suppliers remain optimistic about deman...
Friday 13 June 2008
Corning sees LCD TV market on course for significant growth through 2009
Corning still sees the worldwide LCD TV market heading towards significant growth through 2009 despite the weak economy in the US, according to Alan T Eusden, president of Corning...