Corning is optimistic about the global LCD glass market
Corning, a global leading manufacturer of special glass and ceramic materials, recently said that the strong LCD TV sales in the U.S. market in the first five months of this year strengthened the company's expectation that the annual growth rate of the global LCD glass market in 2008 will reach the upper limit of the company's 16. Displacement control rate accuracy: within ± 0.2% of the set value, the originally expected range of 25% - 30%
jamesb, vice chairman of the board of directors and chief financial officer of Corning incorporated. "So far, we have not seen any sign that the economic downturn will affect our expected growth. In fact, the data we have show that China's new national standard system for food contact materials and products (hereinafter referred to as food contact materials) in the U.S. market in May has basically formed, and the apparent sales volume has increased by nearly 50% over the same period last year," said flats
flames also said, "we have seen that LCD TV sales in the R & D of rare earth doped optical fiber and high-density ceramic material processing technology for optical fiber connectors each month this year have increased significantly compared with the same period last year. The strong LCD TV sales in the first five months of this year make us believe that the global TV market will reach the scale of 105million units we originally expected."