Demand for fiber, fiber optic cable, photonic modules and components and liquid crystal display glass continues to drive earnings growth. Sales from the photonics business (15 percent of sales) doubled again from year-ago levels. |
Most high-tech companies are looking to continually refresh existing products. Corning is always looking for whole new applications for their materials. |
The upside is broad-based and due to a combination of better fiber unit and pricing trends, excellent momentum in the photonics business, surging demand for liquid crystal display glass, and better gross margins. |