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Company Overview

Business Description

Sector
Information Technology
Industry
Electrical Equipment
Headquarters
United States of America US
Employees
67 200
IPO date
May 21, 1945

Corning makes specialty glass, ceramics, and optical materials that go into other companies’ products. Its best-known products include glass for smartphone and tablet screens, glass for flat-panel displays, optical fiber and cable for communications networks, and ceramic parts used in vehicles and industrial systems. It sells mostly to large manufacturers rather than to individual consumers.

The company makes money by selling these materials and components into the electronics, telecom, automotive, and life sciences markets. Customers include device makers, display manufacturers, network equipment companies, automakers, and labs that need glassware and lab products. In many cases, Corning is an upstream supplier: its products become a critical part of a bigger finished product made by someone else.

What makes Corning different is that it sits at the intersection of materials science and manufacturing. Its business depends on designing glass and fiber with exact properties such as strength, clarity, heat resistance, and signal performance. That gives it a key role in industries where small changes in material quality can affect how well the final product works.

Corning Inc Investor Relations

Address
One Riverfront Plaza
Corning, New York
United States of America

Business Segments

Optical communications

Corning makes fiber optic cable, cables, connectors, and related hardware used to move data through telecom networks and data centers.

Customers

Telecom carriers, internet service providers, cloud and data center operators, and network equipment makers.

Revenue Model

Corning sells fiber, cable, and connectivity products to customers and network builders.

Display glass

Corning makes glass substrates used in flat panel displays for TVs, monitors, laptops, and other screens.

Customers

Display panel makers and electronics manufacturers.

Revenue Model

Corning sells glass panels and related display materials to screen manufacturers.

Specialty materials

Corning makes high-performance glass and ceramic materials used in phone screens, consumer electronics, and industrial products.

Customers

Smartphone makers, consumer electronics companies, and industrial customers that need durable glass materials.

Revenue Model

Corning sells specialty glass and material components under supply agreements and product sales contracts.

Life sciences

Corning makes laboratory glassware, plasticware, cell culture products, and other lab consumables used in research and testing.

Customers

Biotech companies, pharmaceutical firms, universities, hospitals, and research labs.

Revenue Model

Corning earns money by selling lab products, consumables, and related equipment to scientific and medical customers.

Environmental technologies

Corning makes ceramic substrate products and related materials used in vehicle emissions control systems and industrial applications.

Customers

Automotive suppliers, vehicle makers, and industrial customers.

Revenue Model

Corning sells engineered materials and components that are built into larger systems by its customers.

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Management

Mr. Wendell P. Weeks

Chairman & CEO

Biography unavailable

Mr. Eric S. Musser

President & COO

Biography unavailable

Mr. Edward A. Schlesinger

Executive VP & CFO

Biography unavailable

Mr. Lewis A. Steverson J.D.

Executive VP and Chief Legal & Administrative Officer

Biography unavailable

Dr. Jaymin Amin

Senior VP & CTO

Biography unavailable

Ms. Soumya Seetharam

Senior VP and Chief Digital & Information Officer

Biography unavailable

Ms. Ann H. S. Nicholson

Vice President of Investor Relations

Biography unavailable

Kevin G. Corliss

VP of Global Employee Relations & Chief Compliance Officer

Biography unavailable

Ms. Jordana D. Kammerud

Senior VP & Chief Human Resources Officer

Biography unavailable

Mr. Martin J. Curran

Executive VP & Innovation Officer

Biography unavailable

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