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More on Corning: Q4 LCD glass volumes were up in the high-single digits Q/Q, above raised...

More on Corning: Q4 LCD glass volumes were up in the high-single digits Q/Q, above raised guidance; sales were up 3% Y/Y. Price declines were higher than for Q3 (as expected), but are expected to moderate. Specialty Materials (SM) sales+10% Q/Q and +68% Y/Y thanks to Gorilla Glass demand. Telecom sales10% Y/Y, Environmental-6%, Life Sciences +29%. Q1 LCD glass volumes expected to be up Y/Y, but down in the mid-single digits Q/Q. Telecom expected to be up Y/Y in Q1, SM expected to fall Q/Q, but double-digit growth seen for 2013. GLW +1.4%. (PR)
Comments (2)
  • What happened???

     

    The early pop disappeared.
    29 Jan 2013, 10:36 AM Reply Like
  • Corning is the geeky uncool kid of the group.. But I know it will see better days. Soon.
    30 Jan 2013, 03:03 AM Reply Like
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