Corning Says LCD TV Sales Are Strong
CORNING, N.Y., March 22, 2010 – Investors got a first look inside Corning Inc.’s new Generation 10 LCD glass substrate facility in Sakai City, Japan, and heard good news about worldwide LCD TV retail sales.
During the tour, Jim Clappin, president of Corning Display Technologies, told investors that retail data for the first part of this year shows robust demand for LCD TVs.
"In China, January LCD TV sales were up 53 percent. This is in line with our expectations, given that a portion of Chinese New Year occurred...