Corning forecasts increased demand for glass in 2011, boosted by more widespread use of tablet computers and smartphones, especially with regards to the company“s scratch-resistant Gorilla Glass, whi…
Corning forecasts increased demand for glass in 2011, boosted by more widespread use of tablet computers and smartphones, especially with regards to the company“s scratch-resistant Gorilla Glass, which is used in Motorola“s Droid phones and Samsung“s Galaxy Tab. Increased sales could, in turn, lead to greater demand for platinum and its alloys, which are used in the production of reinforced glass and liquid crystal displays. According to Kevin Landis, chief investment officer of Firsthand Technology Funds, With smartphones, there is a lot more emphasis on the display and that opens up a big opportunity for Gorilla Glass. He added: Corning is very well positioned on the worldwide trend of the rise in the global consumer class.