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Corning Inc.

Not to be confused with Owens Corning.

Corning Incorporated
Company typePublic
Industry
Founded1851 (1851) as
Bay State Glass Co.
FounderAmory Houghton
HeadquartersCorning, New York, U.S.
Area served
Worldwide
Key people
Wendell P. Weeks (chairman and CEO)
Lawrence D. McRae (vice chairman)
ProductsSpecialty glass
Ceramics
Optical fiber
Cable, hardware & equipment
Emissions control technology
LCD glass
Life sciences products
RevenueIncrease US$14.19 billion (2022)
Decrease US$1.44 billion (2022)
Decrease US$1.32 billion (2022)
Total assetsDecrease US$29.50 billion (2022)
Total equityDecrease US$12.01 billion (2022)
Number of employees
57,500 (December 2022)
Divisions
  • Display technologies
  • Telecommunications
  • Environmental technologies
  • Specialty materials
  • Life sciences
Websitecorning.com
Footnotes / references
[1]

Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company was named Corning Glass Works until 1989.[2] Corning divested its consumer product lines (including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware) in 1998 by selling the Corning Consumer Products Company subsidiary (later Corelle Brands) to Borden.

As of 2014, Corning had five major business sectors: display technologies, environmental technologies, life sciences, optical communications, and specialty materials. Corning is involved in two joint ventures: Dow Corning and Pittsburgh Corning. The company completed the corporate spin-offs of Quest Diagnostics and Covance (now Fortrea) in January 1997.[3] Corning is one of the main suppliers to Apple Inc. Since working with Steve Jobs in 2007, to develop the iPhone;[4] Corning develops and manufactures Gorilla Glass, which is used by many smartphone makers. It is one of the world's biggest glassmakers.[5] Corning won the National Medal of Technology and Innovation four times for its product and process innovations.[6][7][8][9]

Corning continues to maintain its world headquarters at Corning, N.Y. The firm also established one of the first industrial research labs there in 1908.[10] It continues to expand the nearby research and development facility, as well as operations associated with catalytic converters and diesel engine filter product lines. Corning has a long history of community development and has assured community leaders that it intends to remain headquartered in its small upstate New York hometown.[11]

  1. ^ "Form 10-K Annual Report for the Fiscal Year Ended December 31, 2022 Corning, Inc". SEC.gov. U.S. Securities and Exchange Commission. February 13, 2023.
  2. ^ "Corning, Form S-3/A, Filing Date Jan 18, 1994". secdatabase.com. Archived from the original on May 24, 2013. Retrieved March 28, 2013.
  3. ^ "Corning, Form 8-K, Current Report, Filing Date Jan 13, 1997". secdatabase.com. Archived from the original on May 24, 2013. Retrieved March 28, 2013.
  4. ^ Aamoth, Doug (January 11, 2013). "A Story About Steve Jobs, Steel Balls and Gorilla Glass (You, with the Cracked Phone: Read This)". Time. Archived from the original on April 24, 2017 – via techland.time.com.
  5. ^ "One of the world's oldest products faces the digital future". The Economist. October 12, 2017. Archived from the original on October 14, 2017.
  6. ^ "1986 Laureates- National Medal of Technology and Innovation". USPTO.gov. Archived from the original on October 6, 2016. Retrieved September 24, 2016.
  7. ^ "1994 Laureates- National Medal of Technology and Innovation". USPTO.gov. Archived from the original on October 6, 2016. Retrieved September 24, 2016.
  8. ^ "2000 Laureates- National Medal of Technology and Innovation". USPTO.gov. Archived from the original on December 24, 2016. Retrieved September 24, 2016.
  9. ^ "2003 Laureates- National Medal of Technology and Innovation". USPTO.gov. Archived from the original on October 6, 2016. Retrieved September 24, 2016.
  10. ^ Houghton, James R. (1983). "The Role of Technology in Restructuring a Company". Research Management. 26 (6): 9–16. ISSN 0034-5334.
  11. ^ "Corning Chairman Emphasizes Sustainable Performance and "Unwavering" Commitment to Innovation". Corning.com. April 24, 2008. Archived from the original on June 12, 2011. Retrieved August 5, 2010.

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