Friday, February 4, 2011

Corning Expects High Demand for Tablet, Smartphone Glass

Corning expects its annual sales to grow more than 50 percent to $10 billion by 2014, driven by surging demand for ultra-thin glass used in television monitors, smart phones and touch-screen tablets.

The world's biggest maker of liquid-crystal-display glass predicts the global appetite for flat-panel LCD TVs, computers and mobile devices will drive up industry volume to around 5 billion square feet in 2014 from 3.1 billion square feet now.

Corning estimates that tablet computer sales could grow from roughly 20 million units last year to almost 180 million by 2014.

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