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General

Corning reports lower Q3 but confidence remains in 2020-2023 objectives

Tuesday 29 October 2019 | 14:58 CET | News
Corning said results for the third quarter came in line with the guidance it provided last month. CEO Wendell Weeks said the company was taking action to offset recent headwinds and was pleased with Apple's additional USD 250 million investment into the company's manufacturing, and the approval by the US FDA of Valor Glass packaging for commercial use. CFO Tony Tripeny said Corning remains confidents in its 2020-2023 growth objectives.

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Categories: General
Companies: Apple / Corning
Countries: World
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