Post Time:Oct 30,2014Classify:Company NewsView:388
Oct 28 (Reuters) - Speciality glass maker Corning Inc reported a 23 percent rise in quarterly net sales, helped by higher demand for its glass used in TVs and smartphones.
The company supplies glass for Apple Inc's iPhones and Samsung Electronics' Galaxy devices, and makes LCD panels for Sony Corp, LG and Lenovo Group , among others.
Corning said net sales rose to $2.54 billion in the third quarter from $2.07 billion, a year earlier.
Net income rose to $1.01 billion, or 72 cents per share, from $408 million, or 28 cents per share.
(Reporting by Abhirup Roy in Bangalore; Editing by Kirti Pandey)
Source: http://finance.yahoo.com/news/speciality-glass-makAuthor: shangyi
PrevSolar glass price plunge to cease as trade sanctions take effect, says IHS
Sparklike Showcases Innovative Gas Fill Analyzer in Edgetech Europe Stand at glasstec 2014Next