Chat with us, powered by LiveChat

Corning profit soars on TV glass demand

Corning Inc. said Tuesday its profit almost tripled in the fourth quarter on surging sales of glass for flat-screen televisions and computers.

The world’s largest maker of liquid-crystal-display glass, accounting for nearly two-thirds of the market, expects industry volume to grow 16.7 percent to 2.8 billion square feet this year from an estimated 2.4 billion square feet in 2009.