1 posts and columns on panel makers

Corning: Q3 Glass Shipments Short of Expectations

in News on October 7, 2008 at 12:39 pm PT

The troubles are deepening at LCD glass maker Corning (GLW). This morning, Corning CFO James Flaws said in a statement that third-quarter glass shipments grew 2 percent sequentially, which was lower than expected. Corning said volume was was up 12 percent at Samsung Corning joint venture, but down 10 percent at the wholly-owned business.