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Home > Company Index > Telecommunications > Switching & Transmission Equipment > Corning Incorporated
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Corning Incorporated |
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NEWS FROM THE WIRES |
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Corning adds Russian optical-fiber to holdings abroad Aug 23 2001 12:20 PM PDT
Eurostocks in tech, telco slump as Wall St fades Aug 16 2001 06:52 AM PDT
Eurostocks in tech, telco slump as Wall St fades Aug 16 2001 06:52 AM PDT
Hot stocks highlights - Aug. 16 Aug 16 2001 06:51 AM PDT
Hot stocks highlights - Aug. 16 Aug 16 2001 06:51 AM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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Stocks Drop as GDP Dips
Aug 29 2001 02:04 PM PDT
Market Punishes Ciena for Profit Warning
Aug 16 2001 04:14 PM PDT
Tech Left in the Dust
Aug 14 2001 02:27 PM PDT
Blue Chips to the Rescue
Aug 10 2001 02:24 PM PDT
Market Download: Summer Gloom
Jul 30 2001 12:00 AM PDT
PROFILE |
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Corning is the torchbearer for fiber optics. Once known primarily for its kitchenware and lab products, the materials pioneer is the world's top maker of fiber-optic cable (ahead of Lucent), which it invented more than 20 years ago. Corning's growing telecommunications unit (about 70% of sales) makes optical fiber and cable and photonic components. The company's advanced materials unit makes industrial and scientific products, including emission controls and semiconductor materials. Its information display segment makes glass products for televisions, VCRs, and flat-panel displays. Corning's joint ventures include beleaguered breast implant maker Dow Corning. About half of sales are made outside of the US.
COMPETITION |
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Alcatel (ALA)
Lucent Technologies Inc. (LU)
Pirelli S.p.A. (PIREY)
DEALS |
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Deal: Lucent Sells China-Based Optical Fiber Businesses
Date Announced: 07.24.01
Value of transaction (US $Mil): 225
Description: Corning pays $225 million cash for Lucent's joint ventures in China: Lucent Technologies Shanghai Fiber Optic Co. and Lucent Technologies Beijing Fiber Optic Cable Co.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 7,127.10
1-Yr. Sales Growth: 65.9%
Employees: 40,300
Revenue per employee: $176,851.12
KEY PEOPLE |
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John W. Loose
CEO
James B. Flaws
CFO
CONTACT INFO |
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1Riverfront Plaza
Corning, NY 14831
US
Phone: 607-974-9000
Fax: 607-974-8091
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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