21-06-2013, 02:44 PM
Corning Incorporated (GLW)
[attachment=55801]
Shift to Display Technology from Telecom
Shift from Telecom to Display Technology starting in 2001
Saw significant declines in telecom demand
New tech allowed more info to be carried in existing lines
Divestiture of telecom businesses
General business restructuring in 2002
Research in liquid crystal technology (LCD)
Continued growth of LCD demand led to segment shift with LCD as focus
Business Sectors
Display technologies
-Liquid crystal display (LCD)
Telecommunications
- Market leader in fiber optics
Environmental Technologies
- Ceramic technology used for emission and pollution control
Specialty Materials
-Glass, ceramics, semiconductor optics
Life Sciences
-Laboratory products
Recent News
Plaslab S.A.S acquisition complete
Shrink licenses Corning’s microfluid technology
Corning names two new executive vice presidents
Gorilla Glass receives Corporate Technical Achievement Award from American Ceramic Society
Risk Factors
Current economic conditions
Heavily depended on consumer spending
Cutting output due to lower demand for glass products
Pricing pressures
Growth of the Chinese consumer
Relevance
More than 20 major makers of PC and handheld devices
Already in 225 devices. More than 55 models will be released over the next six months.
Dominant market share in Smartphones and tablets
[attachment=55801]
Shift to Display Technology from Telecom
Shift from Telecom to Display Technology starting in 2001
Saw significant declines in telecom demand
New tech allowed more info to be carried in existing lines
Divestiture of telecom businesses
General business restructuring in 2002
Research in liquid crystal technology (LCD)
Continued growth of LCD demand led to segment shift with LCD as focus
Business Sectors
Display technologies
-Liquid crystal display (LCD)
Telecommunications
- Market leader in fiber optics
Environmental Technologies
- Ceramic technology used for emission and pollution control
Specialty Materials
-Glass, ceramics, semiconductor optics
Life Sciences
-Laboratory products
Recent News
Plaslab S.A.S acquisition complete
Shrink licenses Corning’s microfluid technology
Corning names two new executive vice presidents
Gorilla Glass receives Corporate Technical Achievement Award from American Ceramic Society
Risk Factors
Current economic conditions
Heavily depended on consumer spending
Cutting output due to lower demand for glass products
Pricing pressures
Growth of the Chinese consumer
Relevance
More than 20 major makers of PC and handheld devices
Already in 225 devices. More than 55 models will be released over the next six months.
Dominant market share in Smartphones and tablets