|
ROCHESTER, N.Y. (AP) - Soaring demand for flat-panel televisions is driving up shares of Corning Inc., which first devised a way of making unvaryingly flat, ultra-thin glass back in the 1960s.
It was an invention before its time, and it is finally blossoming into a high-growth engine.
The maker of optical fiber, glass products and industrial materials, which almost foundered in the telecommunications crash in 2001, expects global demand for liquid-crystal-display glass to nearly triple to 1.4 billion square feet in 2007 from 500 million square feet in 2004.
|