Latest news with #WendellP.Weeks

Epoch Times
30-04-2025
- Business
- Epoch Times
Corning Boosts Manufacturing Investment to $1.5 Billion, Citing ‘Increasing Demand' for US-Made Components
Materials science company Corning Inc. is boosting investment at its upcoming solar component-manufacturing facility in Saginaw County, Michigan, to $1.5 billion, the company said in an April 29 Corning had initially allocated up to $900 million for the manufacturing facility, which was expected to create more than 1,100 jobs. The investment expansion will create 400 'new high-paying advanced manufacturing jobs,' it said, adding that the decision to dial up funding was taken 'to support increasing demand for U.S.-made solar components.' 'The company's increased manufacturing capacity will enable Corning to supply high-quality solar wafers and help strengthen the domestic solar supply chain with industry-leading solar manufacturers,' it said. The company's CEO, Wendell P. Weeks, said Corning was 'proud to meet the increasing demand for U.S.-sourced solar products by accelerating the ramp of our advanced manufacturing assets and support the nation's priority of domestic energy security.' Last year, Michigan Gov. Gretchen Whitmer and the Michigan Economic Development Corporation Related Stories 4/28/2025 4/28/2025 Starting wages at the facility are expected to be above the median wage in the region. To support the project, Michigan Strategic Fund has approved multiple grants and incentives valued at more than $109 million. Corning's decision to boost manufacturing capacity in the United States comes amid the Trump administration's tariffs on imports. On April 2, President Donald Trump announced a 10 percent universal baseline Importing foreign-made components will prove costly to companies, as they now have to pay high import duties. Shifting production stateside makes business sense in such circumstances. During an April 29 'The president's implementation of reciprocal tariffs earlier this month with rates of 26 percent, 24 percent, and 46 percent applicable to India, Malaysia, and Vietnam, respectively, creates a significant economic headwind for our manufacturing facilities in these countries selling into the U.S. market,' he said. 'While the subsequent 90-day pause to the effectiveness of these tariffs and the application of a 10 percent universal tariff partially mitigates the impact, the lower rate would still result in a meaningful adverse gross margin impact to sales into the United States, absent the duty being fully passed through to the module buyer.' Tariffs on China-Backed Solar Imports On April 21, the Department of Commerce The decision follows a 2024 complaint filed by American manufacturers alleging that Chinese-owned companies in the four countries were dumping solar products into the United States at unfairly low prices and harming America's solar sector. The department said companies located in Cambodia, Malaysia, Thailand, and Vietnam were receiving subsidies from China. The highest duties—3,521 percent—were charged on solar goods coming from Cambodia as companies in the country refused to cooperate with the U.S. investigation. Malaysia's Jinko Solar was charged a tariff of 41.56 percent, and Thailand's Trina Solar faces duties of 375.19 percent. 'These are among the first CVD [countervailing duty] investigations wherein Commerce has made an affirmative finding that companies received transnational subsidies,' the department said. The American Alliance for Solar Manufacturing Trade Committee, which led the case, welcomed the Commerce Department's decision. In an April 21 The decision 'confirms what we've long known: that Chinese-headquartered solar companies have been cheating the system, undercutting U.S. companies, and costing American workers their livelihoods,' he said. 'Enforcing our trade laws isn't just a legal matter—it's essential to rebuilding our industrial base, securing our energy independence, and protecting American jobs.' The tariffs must now be approved by the U.S. International Trade Commission, which has until June 2 to decide on the matter. The domestic U.S. market is expected to see robust demand for solar power generation capacity this year. A Feb. 24 This accounted for 61 percent of total electricity-generation capacity additions in the country last year. The EIA expects the trend to continue through 2025 as well, projecting 32.5 GW of solar capacity additions. 'Texas (11.6 GW) and California (2.9 GW) will account for almost half of the new utility-scale solar capacity addition in 2025,' said the analysis. 'We expect five other states—Indiana, Arizona, Michigan, Florida, and New York—each to account for more than 1 GW of added solar capacity in 2025 and collectively account for 7.8 GW of planned solar capacity additions.'

Epoch Times
29-04-2025
- Business
- Epoch Times
Corning Reports Strong Sales, Expands Domestic Manufacturing Capacity
U.S. materials giant Corning Inc. reported first-quarter 2025 sales and earnings that rose above expectations, driven by strong demand for generative artificial intelligence (AI). It also sees strong demand for U.S.-made solar products. Its shares rose in pre-market trade. On the morning of April 29, the upstate New York-based company The core operating margin expanded by 250 basis points year over year, to 18 percent. In Optical Communications, enterprise business sales climbed 106 percent due to continued strong demand for new products related to generative AI. Meanwhile, Corning is expanding its domestic manufacturing capacity to meet the strong demand for U.S.-made solar products. In early March, Corning, together with Suniva and Heliene, Related Stories 4/25/2025 4/22/2025 The company expects sales growth to continue in the second quarter, with core sales reaching $3.85 billion and core earnings per share growing faster than sales, ranging from $0.55 to $0.59. Management credited Corning's robust performance to its Springboard 'We're well positioned to maintain momentum despite a dynamic external environment because our growth is underpinned by powerful secular trends that are underway today,' said Wendell P. Weeks, the company's chairman and CEO. 'For example, we're seeing remarkable customer response to both our innovations for Gen AI data centers and our U.S.-made solar products, and we are accelerating our production ramps for both.' As of 12:50 p.m. EST on April 29, Corning's Corning has long been a serial innovator, surviving scores of recessions and depressions by mastering the art of 'creative destruction'—the shedding of mature products and businesses, and redirecting resources to new companies that develop products for emerging, fast-growing markets. Over its 174-year history, the company has resurrected itself several times by leveraging and combining core capabilities—the processing of glass substances—to develop scores of blockbuster products. This strategy has helped the company reduce innovation costs while creating higher and more sustainable competitive 'moats.' Corning's blockbuster products have included the glass for Edison's electric lamp, traditional TV tubes, heat-resistant glass for missiles and kitchenware, fiber-optic cables that power the Internet, and glass for flat-panel TVs. Some of Corning's products have created an entirely new market category, such as flat glass that changes the shape and appearance of TVs and computers. Others are required by government regulations, such as the catalytic converter system and ceramic substrate, which help neutralize the toxic mix of gaseous pollutants, including hydrocarbons, nitrogen oxides, and carbon monoxide. More recently, Corning Gorilla Glass Ceramic significantly improves drop performance on rough surfaces compared to competitive aluminosilicate glasses. It makes the screens of mobile devices such as iPhones almost unscratchable and more than tough enough to handle daily wear and tear. In March, Corning 'With GlassWorks AI, Corning is drawing on its world-leading expertise in materials science to create breakthrough products that expand the possibilities of generative AI for our customers, both inside and outside the data center,' said Sean Kelly, vice president and business director for Corning's Data Center Business Unit. 'Our new Contour Flow cable is a great example of our innovations—helping data centers connect their city-to-city networks quickly and cost-effectively, delivering future-ready optical performance without the need for expensive infrastructure buildouts.'


Business Wire
29-04-2025
- Business
- Business Wire
Corning Announces Strong First-Quarter 2025 Financial Results (1) and Reiterates Confidence in Springboard Plan
CORNING, N.Y.--(BUSINESS WIRE)-- Corning Incorporated (NYSE: GLW) today announced its first-quarter 2025 results and provided its outlook for second-quarter 2025. Wendell P. Weeks, chairman and chief executive officer, said, 'Today, we announced strong first-quarter results that exceeded guidance. Core sales grew 13% year over year and core EPS grew three times faster. In Optical Communications, sales in our Enterprise business were up 106% year over year on continued strong demand for our new products for Gen AI.' Weeks continued, 'We remain confident in our ability to deliver our Springboard plan. We're well positioned to maintain momentum despite a dynamic external environment because our growth is underpinned by powerful secular trends that are underway today. For example, we're seeing remarkable customer response to both our innovations for Gen AI data centers and our U.S.-made solar products, and we are accelerating our production ramps for both.' Ed Schlesinger, executive vice president and chief financial officer, said, 'In the first quarter, we continued to improve our return profile. Year over year, core sales grew 13%, core EPS was up 42%, and we expanded operating margin 250 basis points and core ROIC 300 basis points. Our momentum is strong. In the second quarter, we expect to grow core sales to approximately $3.85 billion and to again grow core EPS significantly faster than sales to a range of $0.55 to $0.59. Our guidance factors in about $0.01 to $0.02 for the impact of currently enacted tariffs, along with $0.03 of temporarily higher cost as we ramp to meet increased demand for our Gen AI and solar products.' First-Quarter 2025 Financial Highlights: GAAP sales were $3.45 billion. Core sales were $3.68 billion. GAAP EPS was $0.18. Core EPS was $0.54. The difference between GAAP and core EPS primarily reflected mainly non-cash, mark-to-market adjustments associated with the company's translated earnings contracts and Japanese-yen-denominated debt and also reflected constant currency adjustments. GAAP gross margin was 35.2%. Core gross margin was 37.9%, reflecting 180-basis-point and 110-basis-point year-over-year improvements, respectively. Second-Quarter 2025 Outlook: In the second quarter, management expects core sales of approximately $3.85 billion and core EPS to again grow significantly faster than sales to a range of $0.55 to $0.59; the guidance factors $0.01 to $0.02 for currently enacted tariffs, along with $0.03 of temporarily higher costs associated with production ramps to meet increased demand for Gen AI and solar products. First-Quarter 2025 Results and Comparisons (In millions, except per-share amounts) (1) Represents GAAP net income attributable to Corning Incorporated. Expand Core Results (Non-GAAP) (1) Q1 2025 Q4 2024 Q1 2024 Q/Q Y/Y Core Sales $3,679 $3,874 $3,258 (5%) 13% Core Net Income $467 $497 $330 (6%) 42% Core EPS $0.54 $0.57 $0.38 (5%) 42% Expand (1) Core performance measures are non-GAAP financial measures. The reconciliation between GAAP and non-GAAP measures is provided in the tables following this news release as well as on the company's website. Expand First-Quarter 2025 Segment Results (In millions) The first-quarter results below are prepared on a basis consistent with Corning's segment reporting as presented in the company's consolidated financial statements. In Optical Communications, first-quarter sales were $1.36 billion, up 46% year over year, primarily driven by continued strong adoption of Corning's new Gen AI products in the Enterprise portion of the business, which was up 106%. First-quarter net income was $201 million, up 101% year over year, driven by strong incremental profit on the higher volume. In Display, first-quarter sales were $905 million, up 4% year over year, driven by volume and price increases. Net income was $243 million. Beginning in the first quarter, the company changed the Japanese yen constant-currency rate to 120 yen from 107 yen, to align with its new hedging instrument rates. Prior-year results are not recast and remain at 107 yen. In Specialty Materials, first-quarter sales were $501 million, up 10% year over year, driven by continued strong demand for premium glass for mobile devices. Net income was $74 million, up 68% year over year. In Automotive, first-quarter sales were $440 million, and net income was $68 million, both consistent with the previous quarter, primarily reflecting continued softness in European and North American light- and heavy-duty markets. As of Jan. 1, 2025, the company moved its Automotive Glass Solutions business out of Hemlock and Emerging Growth Businesses to be managed along with Environmental Technologies in a newly formed Automotive segment. Prior-period results have been recast for comparison purposes. In Life Sciences, first-quarter sales were $234 million, down 1% year over year. Net income was $13 million. *Not meaningful Expand In Hemlock and Emerging Growth Businesses, first-quarter sales were $244 million, reflecting normal seasonality. As of Jan. 1, 2025, the company moved its Automotive Glass Solutions business out of Hemlock and Emerging Growth Businesses to be managed along with Environmental Technologies in a newly formed Automotive segment. Prior-period results have been recast for comparison purposes. Upcoming Investor Events Corning will attend the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on May 14. Additionally, Corning will be scheduling management visits to investor offices in select cities. Visit the company's Investor Relations website for up-to-date information. First-Quarter Conference Call Information The company will host its first-quarter conference call on Tuesday, April 29, at 8:30 a.m. EDT. To participate, individuals may preregister here prior to the start of the call. Once the required fields are completed, click 'Register.' A telephone number and PIN will be auto generated and will pop up on screen. Participants will have the choice to 'Dial In' or have the system 'Call Me.' A confirmation email will also be sent with specific dial-in information. To listen to a live audio webcast of the call, go to the company's Investor Relations events page and follow the instructions. Presentation of Information in this News Release This news release includes non-GAAP financial measures. Non-GAAP financial measures are not in accordance with, or an alternative to, GAAP. Corning's non-GAAP financial measures exclude the impact of items that are driven by general economic conditions and events that do not reflect the underlying fundamentals and trends in the company's operations. The company believes presenting non-GAAP financial measures assists in analyzing financial performance without the impact of items that may obscure trends in the company's underlying performance. Definitions of these non-GAAP financial measures and reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures can be found on the company's website by going to the Investor Relations page and clicking 'Quarterly Results' under the 'Financials and Filings' tab. These reconciliations also accompany this news release. With respect to the outlook for future periods, it is not possible to provide reconciliations for these non-GAAP measures because management does not forecast the movement of foreign currencies against the U.S. dollar, or other items that do not reflect ongoing operations, nor does it forecast items that have not yet occurred or are out of management's control. As a result, management is unable to provide outlook information on a GAAP basis. Caution Concerning Forward-Looking Statements The statements contained in this release and related comments by management that are not historical facts or information and contain words such as 'will,' 'believe,' 'anticipate,' 'expect,' 'intend,' 'plan,' 'seek,' 'see,' 'would,' 'target,' 'estimate,' 'forecast' or similar expressions are forward-looking statements. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include estimates and assumptions related to economic, competitive and legislative developments. Such statements relate to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements relate to, among other things, the Company's Springboard plan, the company's future operating performance, the company's share of new and existing markets, the company's revenue and earnings growth rates, the company's ability to innovate and commercialize new products, the company's expected capital expenditure and the company's implementation of cost-reduction initiatives and measures to improve pricing, including the optimization of the company's manufacturing capacity. Although the company believes that these forward-looking statements are based upon reasonable assumptions regarding, among other things, current estimates and forecasts, general economic conditions, its knowledge of its business and key performance indicators that impact the company, there can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. Some of the risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements include, but are not limited to: global economic trends, competition and geopolitical risks, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and other countries, and related impacts on our businesses' global supply chains and strategies; changes in macroeconomic and market conditions and market volatility, including developments and volatility arising from health crisis events, inflation, interest rates, the value of securities and other financial assets, precious metals, oil, natural gas, raw materials and other commodity prices and exchange rates (particularly between the U.S. dollar and the Japanese yen, New Taiwan dollar, euro, Chinese yuan, South Korean won and Mexican peso), decreases or sudden increases of consumer demand, and the impact of such changes and volatility on our financial position and businesses; the availability of or adverse changes relating to government grants, tax credits or other government incentives; the duration and severity of health crisis events, such as an epidemic or pandemic, and its impact across our businesses on demand, personnel, operations, our global supply chains and stock price; possible disruption in commercial activities or our supply chain due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, international trade disputes or major health concerns; loss of intellectual property due to theft, cyber-attack, or disruption to our information technology infrastructure; ability to enforce patents and protect intellectual property and trade secrets; disruption to Corning's, our suppliers' and manufacturers' supply chain, equipment, facilities, IT systems or operations; product demand and industry capacity; competitive products and pricing; availability and costs of critical components, materials, equipment, natural resources and utilities; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; the amount and timing of any future dividends; the effects of acquisitions, dispositions and other similar transactions; the effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; our ability to increase margins through implementation of operational changes, pricing actions and cost reduction measures; rate of technology change; adverse litigation; product and component performance issues; retention of key personnel; customer ability to maintain profitable operations and obtain financing to fund ongoing operations and manufacturing expansions and pay receivables when due; loss of significant customers; changes in tax laws, regulations and international tax standards; the impacts of audits by taxing authorities; the potential impact of legislation, government regulations, and other government action and investigations; and other risks detailed in Corning's SEC filings. For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. Web Disclosure In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated ('Corning') wishes to notify investors, media, and other interested parties that it uses its website ( to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning's media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company's SEC filings, press releases, conference calls, and webcasts. About Corning Incorporated Corning ( is one of the world's leading innovators in materials science, with a 170-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries. Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping its customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display, automotive, solar, semiconductors, and life sciences.


Associated Press
29-04-2025
- Business
- Associated Press
Corning Announces Strong First-Quarter 2025 Financial Results(1) and Reiterates Confidence in Springboard Plan
CORNING, N.Y.--(BUSINESS WIRE)--Apr 29, 2025-- Corning Incorporated (NYSE: GLW) today announced its first-quarter 2025 results and provided its outlook for second-quarter 2025. This press release features multimedia. View the full release here: Wendell P. Weeks, chairman and chief executive officer, said, 'Today, we announced strong first-quarter results that exceeded guidance. Core sales grew 13% year over year and core EPS grew three times faster. In Optical Communications, sales in our Enterprise business were up 106% year over year on continued strong demand for our new products for Gen AI.' Weeks continued, 'We remain confident in our ability to deliver our Springboard plan. We're well positioned to maintain momentum despite a dynamic external environment because our growth is underpinned by powerful secular trends that are underway today. For example, we're seeing remarkable customer response to both our innovations for Gen AI data centers and our U.S.-made solar products, and we are accelerating our production ramps for both.' Ed Schlesinger, executive vice president and chief financial officer, said, 'In the first quarter, we continued to improve our return profile. Year over year, core sales grew 13%, core EPS was up 42%, and we expanded operating margin 250 basis points and core ROIC 300 basis points. Our momentum is strong. In the second quarter, we expect to grow core sales to approximately $3.85 billion and to again grow core EPS significantly faster than sales to a range of $0.55 to $0.59. Our guidance factors in about $0.01 to $0.02 for the impact of currently enacted tariffs, along with $0.03 of temporarily higher cost as we ramp to meet increased demand for our Gen AI and solar products.' First-Quarter 2025 Financial Highlights: Second-Quarter 2025 Outlook: In Optical Communications, first-quarter sales were $1.36 billion, up 46% year over year, primarily driven by continued strong adoption of Corning's new Gen AI products in the Enterprise portion of the business, which was up 106%. First-quarter net income was $201 million, up 101% year over year, driven by strong incremental profit on the higher volume. In Display, first-quarter sales were $905 million, up 4% year over year, driven by volume and price increases. Net income was $243 million. Beginning in the first quarter, the company changed the Japanese yen constant-currency rate to 120 yen from 107 yen, to align with its new hedging instrument rates. Prior-year results are not recast and remain at 107 yen. In Specialty Materials, first-quarter sales were $501 million, up 10% year over year, driven by continued strong demand for premium glass for mobile devices. Net income was $74 million, up 68% year over year. In Automotive, first-quarter sales were $440 million, and net income was $68 million, both consistent with the previous quarter, primarily reflecting continued softness in European and North American light- and heavy-duty markets. As of Jan. 1, 2025, the company moved its Automotive Glass Solutions business out of Hemlock and Emerging Growth Businesses to be managed along with Environmental Technologies in a newly formed Automotive segment. Prior-period results have been recast for comparison purposes. In Life Sciences, first-quarter sales were $234 million, down 1% year over year. Net income was $13 million. In Hemlock and Emerging Growth Businesses, first-quarter sales were $244 million, reflecting normal seasonality. As of Jan. 1, 2025, the company moved its Automotive Glass Solutions business out of Hemlock and Emerging Growth Businesses to be managed along with Environmental Technologies in a newly formed Automotive segment. Prior-period results have been recast for comparison purposes. With respect to the outlook for future periods, it is not possible to provide reconciliations for these non-GAAP measures because management does not forecast the movement of foreign currencies against the U.S. dollar, or other items that do not reflect ongoing operations, nor does it forecast items that have not yet occurred or are out of management's control. As a result, management is unable to provide outlook information on a GAAP basis. Although the company believes that these forward-looking statements are based upon reasonable assumptions regarding, among other things, current estimates and forecasts, general economic conditions, its knowledge of its business and key performance indicators that impact the company, there can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. Some of the risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements include, but are not limited to: global economic trends, competition and geopolitical risks, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and other countries, and related impacts on our businesses' global supply chains and strategies; changes in macroeconomic and market conditions and market volatility, including developments and volatility arising from health crisis events, inflation, interest rates, the value of securities and other financial assets, precious metals, oil, natural gas, raw materials and other commodity prices and exchange rates (particularly between the U.S. dollar and the Japanese yen, New Taiwan dollar, euro, Chinese yuan, South Korean won and Mexican peso), decreases or sudden increases of consumer demand, and the impact of such changes and volatility on our financial position and businesses; the availability of or adverse changes relating to government grants, tax credits or other government incentives; the duration and severity of health crisis events, such as an epidemic or pandemic, and its impact across our businesses on demand, personnel, operations, our global supply chains and stock price; possible disruption in commercial activities or our supply chain due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, international trade disputes or major health concerns; loss of intellectual property due to theft, cyber-attack, or disruption to our information technology infrastructure; ability to enforce patents and protect intellectual property and trade secrets; disruption to Corning's, our suppliers' and manufacturers' supply chain, equipment, facilities, IT systems or operations; product demand and industry capacity; competitive products and pricing; availability and costs of critical components, materials, equipment, natural resources and utilities; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; the amount and timing of any future dividends; the effects of acquisitions, dispositions and other similar transactions; the effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; our ability to increase margins through implementation of operational changes, pricing actions and cost reduction measures; rate of technology change; adverse litigation; product and component performance issues; retention of key personnel; customer ability to maintain profitable operations and obtain financing to fund ongoing operations and manufacturing expansions and pay receivables when due; loss of significant customers; changes in tax laws, regulations and international tax standards; the impacts of audits by taxing authorities; the potential impact of legislation, government regulations, and other government action and investigations; and other risks detailed in Corning's SEC filings. For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. View source version on CONTACT: Media Relations Contact: Gabrielle Bailey (607) 684-4557 [email protected] Relations Contact: Ann H.S. Nicholson (607) 974-6716 [email protected] KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: OTHER MANUFACTURING OTHER SCIENCE CONSUMER ELECTRONICS TECHNOLOGY RESEARCH CHEMICALS/PLASTICS AUTOMOTIVE MANUFACTURING MANUFACTURING MOBILE/WIRELESS 5G CARRIERS AND SERVICES ENVIRONMENT SEMICONDUCTOR GREEN TECHNOLOGY ARTIFICIAL INTELLIGENCE TELECOMMUNICATIONS WEARABLES/MOBILE TECHNOLOGY INTERNET SCIENCE HARDWARE SOURCE: Corning Incorporated Copyright Business Wire 2025. PUB: 04/29/2025 07:10 AM/DISC: 04/29/2025 07:10 AM