Corning to Meet with Investors

Corning Incorporated Vice Chairman and Chief Financial Officer James B. Flaws will participate in a "fireside chat" with investors at the Deutsche Bank Technology Conference in San Francisco on May 16.

Chairman and Chief Executive Officer Wendell P. Weeks will also participate in a similar discussion with investors at the JP Morgan Technology and Telecommunications Conference in Boston on May 21. Flaws and Weeks will address questions posed by investors and discuss the company's expectations for continued growth and profitability in 2007 at both meetings. The company will confirm its previously disclosed second-quarter guidance.

Corning executives will also update the company's liquid crystal display (LCD) glass market growth expectations for 2008. The company now expects the 2006 to 2008 cumulative annual growth rate for LCD glass demand to be about 32 percent, versus its previous estimate of 30 percent. The company's estimate for LCD glass market volume growth for 2007 remains unchanged at 35 to 40 percent. The higher growth forecast for 2008 is the result of stronger LCD TV penetration expectations. Corning now anticipates the penetration rate of LCD TVs to be about 47 percent in 2008, versus its previous estimate of 45 percent.

600450 Corning to Meet with Investors
Date: 17 May 2007
Source: Corning

See more news about:

Others also read

Joint study by Corning and Ford showcases the benefits of using Gorilla Glass for Automotive in windshield applications.   Random stones are one of the biggest reasons windshields need replacing.
Corning hosts second Glass Summit to inspire new thinking about emerging applications for glass.   Glass experts from Corning, academia, funding agencies, and other facets of the industry meet and discuss the future direction of glass science around the globe.
Iris™ Glass earns honors for enabling thinner displays with low-color shift - Corning Incorporated’s light-guide plate solution, Iris™ Glass, has received a 2016 Display Component of the Year award from the Society for Information Display (SID).
Corning Incorporated today announced the results of a recently delivered joint research paper with the Ford Motor Company about the damage resistance of thin, lightweight glass for automotive windshields.
Corning’s specialty glass is finding myriad new applications in industries such as retail  Corning first introduced its vision for advanced glass technologies back in 2011 with its “A Day Made of Glass” video series.
Glass Performance Days (GPD) will present a Learning Event entitled "The Art of Modern Glass Architectural Applications" on Thursday 10th March, in co-operation with The Glass Innovation Institute and alongside the Glass Window and Door Expo in Istanbul, Turkey.

Add new comment