November 13, 2019
Re News
Prysmian wraps up DolWin3 link
Prysmian wraps up DolWin3 link... See more »
Corning is a manufacturer and distributor of display glass, ceramics and related materials for aerospace, automotive and... Read more
Corning's Competitors, Revenue, Number of Employees, Funding and Acquisitions
Followers on Owler
6,803
Followers on Owler
Based on data from Corning's latest SEC filings
Annual Revenue
Based on data from Corning's latest SEC filings
Employees
Chairman & CEO
Wendell P. Weeks
OVERVIEW
Founded:
1851
Headquarters:
CorningNew York
Status:
PublicIndependent Company of NYSEGLW
Industry Sector:
Industrial Machinery & Equipment
SIC Code:
3560NAICS listing »
Top Competitors or Alternatives
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Help the Owler community know moreTrending News for Corning and Corning's Competitors
November 11, 2019
Engineering
Verizon and Corning Announce Partnership to Explore 5G Technology in Manufacturing Applications
Verizon just announced their partnership with Corning to test their 5G technology in the latter's fac... See more »
November 11, 2019
MarketScreener
AGC : to Expand US and European Biopharmaceutical Production Facilities
(marketscreener.com) AGC Inc.(AGC), a world-leading manufacturer of glass, chemicals and high-tech ma... 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 93% of Corning's revenue.
RANK
COMPANY
LEADERSHIP
EMPLOYEES
TOTAL FUNDING
REVENUE
Quarterly and Annual Revenue
Trailing 12-Months Trend (TTM)
Annual Revenue
$11.7B
Corning's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 5.5B. Over the last four quarters, Corning's revenue has decreased by 3.3%. Specifically, in Q3 2019's revenue was $2.9B; in Q2 2019, it was $2.9B; in Q1 2019, it was $2.8B; in Q4 2018, Corning's revenue was $3B.
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
FOLLOW STATUS
COMPANY
DESCRIPTION
AMOUNT
INVESTMENT DATE
ROUND
EXIT DATE
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
October 29, 2019Telecompaper
Corning reports lower Q3 but confidence remains in 2020-2023 objectives
(Telecompaper) Corning said results for the third quarter came in line with the guidance it provided ... See more »
October 29, 2019PharmaTech
Corning Announces Valor Glass FDA Approval for Marketed Drug Product Packaging
Corning, a NY-based technology company focused on specialty glass, ceramics, and related materials, a... See more »
October 23, 2019Telecompaper
Verizon, Corning co-innovate with 5G to create factory of future
(Telecompaper) Verizon installed 5G Ultra Wideband service in Corning's fibre optic cable manufacturi... See more »
October 15, 2019DIGITIMES
Corning takes legal action against AvanStrate
Corning has announced it has filed a patent infringement lawsuit in Taiwan against AvanStrate Taiwan ... See more »
October 11, 20193D Printing Industry
Lithoz unlocks Corning glass ceramics for 3D printing
Austrian ceramic 3D printing specialist Lithoz and American multinational specialty materials company... See more »
September 23, 2019CNET
You can now get a Gorilla Glass windshield for your F-150 - Roadshow
Aftermarket glass company Hyperformance is offering Gorilla Glass windshields in partnership with Cor... See more »
September 22, 2019Techlear
Apple awards another $250 million to precision glass maker Corning
As part of Apple's Advanced Manufacturing Fund, Apple is investing $250 million in Corning, a supplie... See more »
Corning Press Releases
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 »
April 4, 2019streetinsider
Corning Building First Solar Array in New York at Oneonta Plant
CORNING, N.Y.; APRIL 4, 2019 - Corning Incorporated (NYSE: GLW) announced today it is building a sol... See more »
March 7, 2019GlobalNewswire
Corning Recognized as a Top Global Supplier by Daimler
Corning receives award for strategic partnership on emissions control innovation... See more »
Corning Videos
September 9, 2019Corning Youtube Channel
"What does it mean to be a Corning Communications Intern?" on YOUTUBE
August 12, 2019Corning Youtube Channel
"August 2019: Tony Tripeny, Chief Financial Officer, Recaps Q2 2019 Performance" on YOUTUBE
July 31, 2019Corning Youtube Channel
"康寧在哪裡? (國語配音) (Where is Corning? Traditional Chinese Voiceover)" on YOUTUBE
July 8, 2019Corning Youtube Channel
"Corning Laser Technologies: Welcome to the Third Dimension" on YOUTUBE
July 1, 2019Corning Youtube Channel
"3 Solutions for Augmented Reality Device Manufacturing" on YOUTUBE
Social Statistics
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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 80%. Corning's primary competitors are AGC, CommScope & Prysmian.Website
corning.comFrequently Asked Questions about Corning
When was Corning founded?
Corning was founded in 1851Who is Corning's CEO?
Corning's CEO is Wendell P. WeeksHow much revenue does Corning generate?
Corning generates $11.7B in revenueHow much funding does Corning have?
Corning has historically raised $750M in fundingWhere is Corning's headquarters?
Corning's headquarters is in Corning New York, USA
How many employees does Corning have?
Corning has 51,500 employeesWhat sector does Corning operate in?
Corning is in Industrial Machinery & EquipmentWho are Corning's competitors?
Corning's top competitors are AGC, CommScope, PrysmianWho has Corning invested in?
Corning's has invested in companies such as Luminar, Menlo Micro, View
