GLW - Corning: Overcoming Headwinds In Display And Mobile
Over the past decade, the display industry has grown significantly as a result of cost reductions and product improvements that stimulated demand for LCD and OLED panels.
While LCD panels still dominate the display industry, representing 71.6% of the smartphone market, the industry in recent years has witnessed the introduction of display panels based on OLED technology and has begun to compete with LCD panels.
Corning's Financial Comparisons
The bulk of Corning's (GLW) sales and profits come from its Display Technologies segment, which manufactures glass substrates for LCD and OLED panels. In 2017,