0
General

Corning meets Q3 outlook as fibre demand outweighs supply-chain problems

Tuesday 26 October 2021 | 14:27 CET | News
Corning reported third-quarter results in line with its guidance, as strong demand in the fibre market helped offset slower activity in automotives due to the global chip shortage. The company said it's on track to meet its full-year outlook despite some softness expected in Q4.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Corning
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Corning, AT&T expand collaboration

Published 29 Sep 2021 15:39 CET | United States
Corning said it is expanding its long-standing collaboration with AT&T as Corning works to meet record broadband demand and ...

Samsung updates foldable phones with more durable design, lower prices

Published 11 Aug 2021 16:42 CET | World
Samsung has unveiled a new range of mobile products at its latest Galaxy Unpacked event. This includes updates of its Galaxy Fold ...

Corning Q2 revenue and EPS at top of guidance range; sees further growth in Q3

Published 27 Jul 2021 17:57 CET | World
Corning reported second-quarter revenue and core earnings at the top of its guidance range. The company said it is growing faster ...

Corning unveils new scratch-resistant, durable glass for cameras

Published 23 Jul 2021 09:12 CET | World
Corning announced a new category for its scratch-resistant and durable glass composite products, Corning Gorilla Glass with DX ...

Corning launches SMF-28 Contour optical fibre

Published 04 Jun 2021 08:32 CET | World
Corning introduced Corning SMF-28 Contour optical fibre to help telecommunications operators address the ever-expanding number of ...

Apple to award USD 45 mln to Corning from Advanced Manufacturing Fund

Published 10 May 2021 14:20 CET | United States
Apple said it will be awarding USD 45 million from its Advanced Manufacturing Fund to Corning, which supplies glass for Apple ...

Corning grows Q1 revenues 38%, core EPS more than doubles

Published 27 Apr 2021 13:53 CET | World
Corning reported first-quarter results at the top of its guidance range, supported by double-digital annual revenue growth at all ...