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CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced the introduction of Corning® Gorilla® Glass Ceramic, an innovative, transparent, and strengthenable glass ceramic material to help bring advanced toughness to more mobile devices. Gorilla Glass Ceramic significantly improves drop performance on rough surfaces compared to competitive aluminosilicate glasses. The new material expands Corning's portfolio of durable cover materials for OEMs. “Gorilla Glass has built a.
GLW upgrades its guidance backed by robust demand for its optical connectivity products, the launch of solar energy solutions and a price hike in display technologies.
Corning Incorporated (NYSE:GLW ) Investor Event Conference Call March 18, 2025 8:45 AM ET Company Participants Ann Nicholson - Vice President, Investor Relations Wendell Weeks - Chairman & Chief Executive Officer Mike O'Day - SVP & GM, Optical Communication Dr. Claudio Mazzali - Vice President, Global Research Hal Nelson - SVP & GM, Automotive, Life Sciences & Solar Ed Schlesinger - Executive Vice President & Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Tim Long - Barclays Samik Chatterjee - JPMorgan Asiya Merchant - Citi Josh Spector - UBS Matt Niknam - Deutsche Bank Peter O'Keefe - O'Keefe Stevens Advisory Woo Jin Ho - Bloomberg Intelligence Ann Nicholson Good morning, everybody. It's my pleasure to welcome you to Corning's Investor Event right here at the Stock Exchange.
The maker of specialty glass for TV screens and smartphones gave its long-term financial targets a boost as it makes progress on its so-called “Springboard” plan to add billions of dollars in sales in the coming years.
With a reorganized operating structure, Corning is benefiting from improved demand and commercialization of its innovations.
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced an upgrade to its Springboard plan, along with details on the key milestones achieved across the company, at an investor event in New York City. Wendell P. Weeks, chairman and chief executive officer, said, “Today, we upgraded our high-confidence Springboard plan to now add more than $4 billion in annualized sales, and to achieve operating margin of 20%, by the end of 2026. We expect our upgraded sales to come with.
Corning chairman and CEO Wendell Weeks joins 'Squawk Box' to discuss updates to the company's 'Springboard' plan, new Q1 guidance, impact of generative AI and infrastructure buildout, the company's solar division, and more.
Corning's drop in price presents a great buying opportunity for value and growth investors. Its strong growth in optical communications, driven by AI and data center demand, supports its robust fundamentals and future potential. Strategic partnerships with Lumen Technologies and AT&T bolster Corning's position in expanding fiber infrastructure, enhancing its growth trajectory.
Technology company Corning has struck a deal with U.S. solar manufacturers Suniva and Heliene to produce what will be the only solar panel composed of all American-made components, the companies said on Thursday.
CORNING, N.Y. & NORCROSS, Ga. & MOUNTAIN IRON, Minn.--(BUSINESS WIRE)--Suniva, the largest and oldest U.S. manufacturer of high-efficiency monocrystalline silicon solar cells, and Heliene Inc., a leading U.S. solar PV module manufacturer, today announced a landmark deal with Corning Incorporated (NYSE: GLW) to provide the U.S. domestic market with the only solar module made with polysilicon, wafers and cells manufactured in the United States. Corning is supplying the wafers and, as the majority.