Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
30.98 USD | +0.19% | -3.04% | +1.74% |
Apr. 11 | JPMorgan Raises Corning's Price Target to $36 From $34, Maintains Neutral Rating | MT |
Apr. 08 | UBS Adjusts Corning Price Target to $35 From $34, Maintains Neutral Rating | MT |
Business Summary
- telecommunications (29.6%): products of fiber optical, cables, etc. for networks of communication;
- electronic large public (26%): glass substrata intended for screens of televisions sets LCD, PC and laptops;
- environment (13%): substrata of ceramic and filters intended for systems fight against vehicles emissions;
- life science (7.1%): in particular optical biosensors for pharmaceutical research;
- other (24.3%): solutions based on plastic and glass of specialty intended notably to the sectors of semiconductors, aerospace, defense, astronomy and metrology.
Net sales are distributed geographically as follows: the United States (32.7%), North America (3%), Asia/Pacific (51.5%), Europe (11.3%) and other (1.5%).
Number of employees: 49,800
Sales per Business
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Optical Communications
31.9
%
| 5,023 | 35.4 % | 4,012 | 31.9 % | -20.13% |
Display Technologies
28.1
%
| 3,306 | 23.3 % | 3,532 | 28.1 % | +6.84% |
Specialty Materials
14.8
%
| 2,002 | 14.1 % | 1,865 | 14.8 % | -6.84% |
Environmental Technologies
14.0
%
| 1,584 | 11.2 % | 1,766 | 14.0 % | +11.49% |
Hemlock and Emerging Growth
11.5
%
| 1,662 | 11.7 % | 1,446 | 11.5 % | -13.00% |
Reconciling Items
-7.9
%
| -616 | -4.3 % | -992 | -7.9 % | +61.04% |
Life Sciences
7.6
%
| 1,228 | 8.7 % | 959 | 7.6 % | -21.91% |
Sales per region
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
China
32.7
%
| 4,435 | 30.0 % | 4,439 | 32.7 % | +0.09% |
United States
32.7
%
| 5,149 | 34.8 % | 4,439 | 32.7 % | -13.79% |
Other Europe
7.3
%
| 1,116 | 7.5 % | 998 | 7.3 % | -10.57% |
Taiwan
6.3
%
| 813 | 5.5 % | 855 | 6.3 % | +5.17% |
Japan
4.9
%
| 617 | 4.2 % | 667 | 4.9 % | +8.10% |
Other Asia Pacific
4.6
%
| 729 | 4.9 % | 620 | 4.6 % | -14.95% |
Germany
3.9
%
| 539 | 3.6 % | 535 | 3.9 % | -0.74% |
South Korea
3.1
%
| 514 | 3.5 % | 418 | 3.1 % | -18.68% |
Canada
2.3
%
| 503 | 3.4 % | 317 | 2.3 % | -36.98% |
All Other
1.5
%
| 294 | 2.0 % | 208 | 1.5 % | -29.25% |
Mexico
0.6
%
| 96 | 0.6 % | 84 | 0.6 % | -12.50% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Wendell Weeks
CEO | Chief Executive Officer | 64 | 82-12-31 |
Director of Finance/CFO | 56 | 12-12-31 | |
Eric Musser
PSD | President | 64 | 85-12-31 |
Jaymin Amin
CTO | Chief Tech/Sci/R&D Officer | 55 | 96-12-31 |
Lewis Steverson
ADM | Chief Administrative Officer | 60 | 13-05-31 |
Soumya Seetharam
CTO | Chief Tech/Sci/R&D Officer | 48 | 22-10-31 |
Investor Relations Contact | - | - | |
David Loeber
PRN | Corporate Officer/Principal | - | - |
Avery Nelson
PRN | Corporate Officer/Principal | 55 | 90-12-31 |
Stefan Becker
AUD | Comptroller/Controller/Auditor | 52 | 99-12-31 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Stephanie Burns
BRD | Director/Board Member | 69 | 12-01-30 |
Leslie Brun
BRD | Director/Board Member | 72 | 18-07-17 |
Deborah Henretta
BRD | Director/Board Member | 62 | 13-07-16 |
Wendell Weeks
CEO | Chief Executive Officer | 64 | 82-12-31 |
Mark Wrighton
BRD | Director/Board Member | 74 | 09-02-03 |
Hansel Tookes
BRD | Director/Board Member | 76 | 00-12-31 |
Robert Cummings
BRD | Director/Board Member | 74 | 05-12-31 |
Richard Clark
BRD | Director/Board Member | 77 | 11-12-05 |
Roger Ferguson
BRD | Director/Board Member | 71 | 21-03-31 |
Director/Board Member | 65 | 15-02-02 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 1,835,352,470 | 772,738,355 ( 42.10 %) | 980,000,000 ( 53.40 %) | 42.10 % |
Holdings
Name | Equities | % | Valuation |
---|---|---|---|
UTI INC. 10.23% | 1,665,734 | 10.23% | 43,058,524 $ |
SHANG PROPERTIES, INC. 1.00% | 47,633,492 | 1.00% | 3,151,908 $ |
Company contact information
Group companies
Name | Category and Sector |
---|---|
Corning International Corp.
Corning International Corp. Home FurnishingsConsumer Durables Corning International Corp. manufactures fiber-optics and specialty glasses. The company is headquartered in New York. |
Home Furnishings
|
Corning Precision Materials Korea Co., Ltd.
Corning Precision Materials Korea Co., Ltd. Electronic Production EquipmentElectronic Technology Corning Precision Materials Korea Co., Ltd. produces electronic core parts and glass substrates. It operates through following business segments: Display Technology, Environmental Technology, Optical Communication, Life Science, and Specialty Material. The company was founded on April 20, 1995 and is headquartered in Seoul, South Korea. |
Electronic Production Equipment
|
Corning Hungary Data Services Kft.
| |
Corning Display Technologies Taiwan Co. Ltd.
Corning Display Technologies Taiwan Co. Ltd. Home FurnishingsConsumer Durables Part of Corning, Inc., Corning Display Technologies Taiwan Co. Ltd. is a Taiwanese company that manufactures glasses. The private company is based in Taipei, Taiwan. |
Home Furnishings
|
Corning Luxembourg SARL
| |
Corning Telecommunications Luxembourg SARL
| |
Corning Optical Communications Polska Sp zoo
Corning Optical Communications Polska Sp zoo Electrical ProductsProducer Manufacturing Part of Corning, Inc., Corning Optical Communications Polska Sp zoo is a Polish company that manufactures fiber optic cables and telecommunications equipment. The private company is based in Strykow, Poland. |
Electrical Products
|
Corning Display Technologies (Hefei) Co. Ltd.
Corning Display Technologies (Hefei) Co. Ltd. Computer PeripheralsElectronic Technology Part of Corning, Inc., Corning Display Technologies (Hefei) Co. Ltd. is a Chinese company that manufactures computers and peripheral equipment. The private company is located in China. |
Computer Peripherals
|
Corning Research & Development Corp.
Corning Research & Development Corp. Miscellaneous Commercial ServicesCommercial Services Part of Corning, Inc., Corning Research & Development Corp. engages in scientific research and development. The private company is located in the US. |
Miscellaneous Commercial Services
|
Sector
Sales per Business
Sales per region
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+1.74% | 26.5B | |
+16.74% | 12.72B | |
+16.24% | 8.06B | |
-3.31% | 4.14B | |
-11.93% | 4.1B | |
-4.55% | 3.81B | |
+12.15% | 3.75B | |
-22.92% | 3.55B | |
-26.76% | 2.65B | |
-25.41% | 1.69B |
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