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Corning faces consumer electronics drag even as data-center business booms
Corning said weaker smartphone demand is pressuring specialty glass sales, even as optical communications revenue rose 1% and data-center deals expand.
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Corning faces consumer electronics drag even as data-center business booms
April 28 : Corning forecast second-quarter revenue below Wall Street estimates on Tuesday, as weakness in the consumer electronics market continues to pressure business despite strong demand for data center products.Shares of the Gorilla Glass maker fell more than 10 per cent in premarket trading.Slowe
·Singapore
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Total News Sources3
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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