Corning Inc. Raises 4th Quarter Expectations

Some good news coming out of Corning Incorporated, where officials say they expect stronger than expected sales of LCD and Gorilla Glass in the fourth quarter. 

The forecast has been upgraded from an anticipated drop to a low single digit increase in sales compared to the end of last year. Stronger than expected retail demand for LCD televisions and other consumer electronic devices are the reason for the improved forecast.

       

Sales for the segment that includes Gorilla Glass are expected to be up 60-percent in the fourth quarter of this year compared to 2011.

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