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Corning Inc GLW Stock Quote

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Morningstar‘s Stock Analysis GLW

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Corning Is a Materials Science and Glassmaking Behemoth With a Centralized Cost Advantage

Business Strategy and Outlook

| William Kerwin |

Corning is a materials science behemoth with differentiated glass products for televisions, notebooks, mobile devices, wearables, optical fiber, cars, and pharmaceutical packaging. In its 170 years of operation, the company has constantly innovated (including inventing glass optical fiber and ceramic substrates for catalytic converters) and oriented itself toward evolving demand trends that it can serve through its core competency of materials science. Most recently, we point to Corning’s domination of the smartphone cover glass market and deals with U.S. network carriers to supply fiber for 5G build-outs as evidence of the pivot toward growth.

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Company Profile GLW

Business Description

Corning Inc is a leader in materials science, specializing in the production of glass, ceramics and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.

One Riverfront Plaza
Corning, NY, 14831
T +1 607 974-9000
Industry Electronic Components
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 61,200

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