Corning expects high demand for TV glass

ROCHESTER, N.Y. - February 5, 2010

The specialty glass maker, which is holding its annual investor meeting Friday, says the global appetite for LCD-TVs and PCs will be the primary driver behind an anticipated 14 percent to 22 percent jump in LCD glass industry volume in 2010.

It says total glass volume could reach 3 billion square feet, up from 2.45 billion square feet in 2009.

Corning expects 171 million LCD-TVs will be sold this year, about 21 percent more than last year.

Based in western New York, Corning is the world's largest maker of LCD glass, accounting for nearly two-thirds of the market.

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