Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
Shatterproof. |
| Συγγραφείς: |
Ohnsman, Alan (AUTHOR) |
| Πηγή: |
Forbes. Oct/Nov2026, Vol. 209 Issue 5, p41-43. 3p. 2 Color Photographs. |
| Θεματικοί όροι: |
*Diversification in industry, *Data centers, *Business revenue, Optical fibers, Glass, Communication infrastructure, Solar panels |
| Γεωγραφικοί όροι: |
Corning (N.Y.) |
| Εταιρία/Οντότητα: |
Amazon.com Inc. 884745530 AMZN |
| Περίληψη: |
The article reports on the financial performance and strategic initiatives of the 175-year-old glass company Corning, which is currently benefiting from the data center craze and the insatiable demand for optical fiber. The company, led by CEO Wendell Weeks, has secured multibillion-dollar agreements with major technology companies like Amazon, Nvidia, Meta, and Verizon, and its stock has nearly doubled in the last 12 months. Despite its current success, the article highlights the company's history of volatility, including the dotcom crash of the early 2000s, and emphasizes Weeks' focus on diversification to avoid another downturn. Corning's revenue is driven by its optical fiber business, which contributes 45% of its revenue, as well as its Gorilla Glass product, which is used in iPhones and Apple Watches. The company is also expanding into new markets, such as solar panels and carbon capture technology, to ensure long-term growth. [Extracted from the article] |
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| Βάση Δεδομένων: |
Business Source Index |