Advanced SearchNewsfeedFollowed Companies

Corning's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Corning is a manufacturer and distributor of display glass, ceramics and related materials for aerospace, automotive and... Read more

Based on data from Corning's latest SEC filings

Annual Revenue

Based on data from Corning's latest SEC filings

Employees

Wendell P. Weeks's photo - Chairman & CEO of Corning

Chairman & CEO

Wendell P. Weeks

CEO Approval Rating

72/100

OVERVIEW

Founded:

1851

Headquarters:

Corning, New York

Status:

PublicNYSEGLW

Industry Sector:

Industrial Machinery & Equipment

SIC Code:

3560NAICS listing »

Top Competitors or Alternatives

Missing a competitor? Contribute!

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is NGK Insulators a competitor of Corning?

I don't know

Trending News for Corning and Corning's Competitors

April 9, 2020

Silicon Valley Daily

CommScope and US Conec Enter into Licensing Agreement on VSFF and MDC Fiber Connectors

Delivers a 3X density advantage over LC connectors HICKORY, N.C.--(BUSINESS WIRE)--CommScope and US C... See more »

April 9, 2020

Telecompaper

Prysmian adopts IBM Cloud for digital transformation

(Telecompaper) Milan-listed cable maker Prysmian has contracted IBM Services to help it expand and ma... See more »

April 8, 2020

MarketScreener

Corning Announces New Operating Structure and Introduces COO Role

(marketscreener.com) CORNING, N.Y. , April 08, 2020 -- Corning Incorporated announced on Wednesday th... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

AGC is Corning's #1 competitor. AGC's headquarters is in Chiyoda-ku, Tōkyō Prefecture, and was founded in 1907. AGC competes in the Construction Machinery industry. AGC generates 121% of Corning's revenue.

CommScope is one of Corning's top rivals. CommScope was founded in Hickory, North Carolina} in 1976. CommScope is in the Electrical & Electronics goods field. Compared to Corning, CommScope generates $3.2B less revenue.

Prysmian is one of Corning's top competitors. Prysmian is a Public company that was founded in 1872 in Milan, Lombardy. Prysmian operates in the Telecommunications Equipment industry. Compared to Corning, Prysmian has 22,500 fewer employees.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Wendell P. Weeks

Chairman & CEO

- -
51,500
$750M
$11.5B
1

Takuya Shimamura

President & CEO

68/100
6,998
- -
$13.9B
2

Marvin S. Edwards

President & CEO

60/100
20,000
$576.9M
$8.3B
3

Valerio Battista

CEO

66/100
29,000
- -
$12.9B
4

Frank Heinricht

CEO

80/100
15,500
- -
$2.4B
5

Jan Doets

CEO

77/100
12,500
- -
$24B
6

CEO

- -
- -
7

CEO

- -
50
- -
$17.2M
8

CEO

- -
- -
9

Eva van Pelt

Co-CEO

79/100
3,300
- -
$834.1M
10

Peter Rumswinkel

President & CEO

85/100
2,800
- -
$480M
The top 10 competitors in Corning's competitive set are AGC, CommScope, Prysmian, Schott, Heraeus, NGK Insulators, IBIDEN, Greiner, Eppendorf and Sarstedt. Together they have raised over 576.9M between their estimated 90.1K employees. Corning has 51,500 employees and is ranked 1st among it's top 10 competitors. The top 10 competitors average 15,738.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$11.5B

Corning's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 8.3B. Over the last four quarters, Corning's revenue has grown by $5M. Specifically, in Q4 2019's revenue was $2.8B; in Q3 2019, it was $2.9B; in Q2 2019, it was $2.9B; in Q1 2019, Corning's revenue was $2.8B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
SpiderCloud Wireless

Jul 2017

Source »
undisclosed
SpiderCloud is a developer of small cell multi-access system that allows mobile operators to deliver Wi-Fi coverage and cloud services.
STRAN Technologies

Dec 2016

Source »
undisclosed
STRAN develops and manufactures fiber optic cable assemblies, electrical connectors and adapters for military, commercial, oil and gas industries.
Alliance Fiber Optic Products Inc

Apr 2016

Source »
$305M
AFOP designs, manufacture and market high performance fiber optic components.
iBwave Solutions, Inc.

Apr 2015

Source »
undisclosed
iBwave Solutions is a telecom radio planning software provider that develops solutions for the in-building wireless industry.
NovaSol

Jan 2015

Source »
undisclosed
NovaSol provides technical solutions to complex military, industrial, medical and environmental problems. 

These are all the companies that Corning has acquired. Corning has acquired 7 companies and its latest acquisition was SpiderCloud Wireless in Jul 2017. SpiderCloud is a developer of small cell multi-access system that allows mobile operators to deliver Wi-Fi coverage and cloud services.

Corning Funding History

Since Corning was founded in 1851, it has participated in 3 rounds of funding. In total Corning has raised $750.0M. Corning's last funding round was on Sep 2019 for a total of $250.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Sep 2019
$250M

Apple

Equity
May 2017
$200M
Debt
Aug 2010
$300M
-

Total Funding: $750M

Since Corning was founded in 1851, it has participated in 3 rounds of funding. In total Corning has raised $750.0M. Corning's last funding round was on Sep 2019 for a total of $250.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

$2M
Jan 24, 2020
Seed
-
Luminar develops and manufactures LiDAR-based sensors for the autonomous vehicle industry.
$100M
Jun 23, 2019
Equity
-
Menlo Micro offers a digital micro-switch technology platform that enables power handling in medical, military and consumer electronics applications.
$18.7M
Dec 06, 2016
Equity
-
View manufactures and distributes energy-saving smart window glass systems for healthcare, education and commercial buildings.
$150M
Aug 12, 2015
Series F
-
View manufactures and distributes energy-saving smart window glass systems for healthcare, education and commercial buildings.
$86.3M
Dec 22, 2014
Equity
-

These are all the companies that Corning has invested in. Corning has invested 7 companies and its latest investment was SpiderCloud Wireless in Jul 2017. SpiderCloud is a developer of small cell multi-access system that allows mobile operators to deliver Wi-Fi coverage and cloud services.

Corning News

April 9, 2020Converge! Network Digest

Corning announces corporate restructuring

See more »
April 7, 2020Seeking Alpha

Corning Is An Enticing Long-Term Investment At Current Market Prices

See more »
March 31, 2020MarketScreener

Corning Named 2020 ENERGY STAR� Partner of the Year

(marketscreener.com) CORNING, N.Y. , March 31, 2020 -- Corning Incorporated announced on Tuesday that... See more »
March 26, 2020Forbes

Over 30% Rise In Corning's Stock Possible After COVID-19 Crisis?

Corning's stock declined by about 19% between March 8, 2020, and March 24, 2020 ( vs. a 18% decline i... See more »
March 24, 2020DIGITIMES

Glass suppliers developing ultrathin applications for foldable devices

Display glass providers Corning and AGC Display Glass are developing ultrathin flexible glass product... See more »
March 20, 2020MarketScreener

Proxy Statement (definitive)

(marketscreener.com) the world's leading glass museum. Beyond just a key cultural and community hub, ... See more »
March 16, 2020BioPortfolio

Nippon Paint and Corning Incorporated donated labtested antivirus coatings to hospitals in Hubei

XIANGYANG China March 16 2020 PRNewswire By February 24 3387 health workers in 476 hospitals across C... See more »

Corning Press Releases

September 16, 2019StreetInsider

Corning Provides Early Update on Third-Quarter Performance

See more »
July 30, 2019GlobalNewswire

Corning Reports Strong Second-Quarter Results with Year-Over-Year Growth Across All Businesses

GAAP sales and core sales increased 7% and 8%, respectively, on year-over-year basis; New Strategy & ... See more »
July 24, 2019GlobeNewswire

Volkswagen Honors Corning as a Top Global Supplier

Corning receives award for partnership and innovation in emissions controlCorning receives award for ... See more »
June 20, 2019WebWire

Advances in Corning Laser Technologies' NanoPerforation Improve 3D Glass Processing

Corning Incorporated (NYSE: GLW) announced today it has enhanced its unique nanoPerforation glass cut... See more »
June 4, 2019GlobalNewswire

Two Corning Radiation-Shielding Glass Products Now Registered with FDA

Glass solutions used as Class I medical devices... See more »
May 3, 2019Newswire

ECCMA Assigns Corning Inc. AAA Data Quality Rating

ECCMA recently assigned Corning Incorporated of Corning, New York a AAA data quality rating and recog... See more »
May 2, 2019AB Newswire

Photonic Crystals Market 2019 Materials, Technologies and Global Opportunities | Bae Systems, The Boeing Co., Corning Inc., Cree Inc.

See more »

Corning Videos

February 11, 2020Corning Youtube Channel

"Corning® Fibrance® Light-Diffusing Fiber described by Paul Then" on YOUTUBE

See more »
February 5, 2020Corning Youtube Channel

"Corning® Varioptic® Lenses: Vibration Resistance Demonstration" on YOUTUBE

See more »
December 3, 2019Corning Youtube Channel

"Revolutionizing the Pharmaceutical Packaging Industry" on YOUTUBE

See more »
November 8, 2019Corning Youtube Channel

"November 2019: Tony Tripeny, Chief Financial Officer, Recaps Q3 2019" on YOUTUBE

See more »
October 2, 2019Corning Youtube Channel

"Press Conference: Apple Awards an Additional $250M from Advanced Manufacturing Fund" on YOUTUBE

See more »
September 17, 2019Corning Youtube Channel

"New Mobility Experiences" on YOUTUBE

See more »
September 17, 2019Corning Youtube Channel

"Corning's First "Digital" Concept Car" on YOUTUBE

See more »

Social Statistics

Headquarters

1 Riverfront Plaza

Corning, New York14831

1-607-974-9000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Corning is a manufacturer and distributor of display glass, ceramics and related materials for aerospace, automotive and life science industries. Corning was founded in 1851. Corning's headquarters is located in Corning, New York, USA 14831. It has ra...

CEO

Corning's Chairman & CEO, Wendell P. Weeks, currently has an approval rating of 72%. Corning's primary competitors are AGC, CommScope & Prysmian.

Website

corning.com

Frequently Asked Questions about Corning

  1. When was Corning founded?

    Corning was founded in 1851

  2. Who is Corning's CEO?

    Corning's CEO is Wendell P. Weeks

  3. How much revenue does Corning generate?

    Corning generates $11.5B in revenue

  4. How much funding does Corning have?

    Corning has historically raised $750M in funding

  5. Where is Corning's headquarters?

    Corning's headquarters is in Corning New York, USA

  1. How many employees does Corning have?

    Corning has 51,500 employees

  2. What sector does Corning operate in?

    Corning is in Industrial Machinery & Equipment

  3. Who are Corning's competitors?

    Corning's top competitors are AGC, CommScope, Prysmian

  4. Who has Corning invested in?

    Corning's has invested in companies such as Mosaic Microsystems, Luminar, Menlo Micro
Stay up-to-date with the latest news on Corning