In its annual investor meeting last Friday, Corning outlined growth opportunities with its Gorilla Glass business, in fiber for telecommunications and in environmental and life sciences. Some highlights:
- Gorilla Glass sales surpassed the $1 billion mark last year.
- Since launching Gorilla Glass in 2007, over 1 billion devices have implemented the technology.
- Corning is working to bring new glass innovations to the consumer electronics market, including optimized touch and Radio Frequency (RF) capabilities; aesthetically pleasing shaped devices; and anti-reflectivity and antimicrobial properties.
- Corning Lotus Glass is designed to offer superior performance for higher-resolution LCDs as well as OLEDs.
- Corning’s newest advanced glass solution, the ultra-slim, flexible Corning Willow Glass, is positioned for next generation displays.
- Corning sees the potential for double-digit growth in 2013 in its Telecommunications Business Group.
- Corning believes the global optical fiber market will exceed 250 million fiber kilometers in 2013, with the bulk of this growth coming from developing markets.
- Corning opened a new fiber manufacturing facility in India last year.
- Corning continues to expand its Pretium EDGE solution for data centers.
- Corning has an installed base of over 1.8 billion kilometers of fiber.
- Corning is delivering optical solutions to every "edge" of the network -- Data centers, FTTH, Wireless and Consumer.
- Corning expects optical investments to ourpace telecom CAPEX by >2X.
- In data centers, Corning forecasts that there could be 10X the number of servers in use within the next decade.
- In 2013, Corning is launching an all-optical distributed antenna system (DAS).
- In Q1 2013, Corning will begin delivering USB 3.0 Optical and Thunderbolt Optical cables.