Sunday, July 26, 2009

Corning's Telecom Sales Increase 14% Sequentially to $437 Million

Corning's telecommunications segment sales in Q2 2009 were $437 million, an increase of 14% over the previous quarter. In its quarterly financial report, Corning said it experienced strong demand for optical fiber and cable in China. In North America, the company saw increased demand for its fiber-to-the-home products.