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Home > News > Corning Slides on Thin Glass

February 5th, 2010

Corning Slides on Thin Glass

Abstract:
Corning(GLW Quote) says it sees ample waves of glass in a broadening path of consumer electronic devices. Investors, however, were hoping for something a little more solid like a sparkling growth forecast, and sent Corning shares down 5% in early trading Friday.

"The rapid growth of intuitive touch-display for consumer electronic devices, advanced glass for thin-film photovoltaics, and optical fiber for consumer electronics and wireless networks are providing us with such opportunities," CEO Wendell Weeks said in the press release.

Source:
thestreet.com

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