Corning Suffers Power Disruption in Taiwan; Will Hurt Q4 Glass Production
Corning (GLW) this morning said it suffered a power disruption over the weekend at its LCD glass manufacturing facility in Taichung, Taiwan which affected some glass-making operations. Corning said the disruption “is expected to have a material impact” on Q4 glass volumes. The company said the power disruption caused the shutdown of several glass melting tanks.