Updates on Corning
- Corning (NYSE:GLW) is increasing its display glass substrate prices for Q3 due to higher logistics and materials costs and other operational expenses during the extended glass shortage.
- The company says the price increase will be "moderate."
- Corning expects glass supplies to remain short-to-light in the upcoming quarters.
- Recent news: Last month, Apple awarded Corning with $45M to fund additional capacity and R&D efforts.