subscribe

Corning Reports Q1’23 Results, Expects Sales Growth in Q2 Amid Tough Market Conditions

Corning reported Q1’23 sales of $3.2 billion, and core sales of $3.4 billion, both declining 7% sequentially. Display Technologies’ sales declined 3% sequentially, while Optical Communications’ sales decreased 6% sequentially. Environmental Technologies’ sales increased 9% sequentially. Display Technologies’ volumes increased significantly in March as conditions in China improved and panel maker utilization resumed its recovery. … Read more