Infrastructure Brief

News and opinion on public works procurement

Corning

  • Telecommunications

    • After sales increased 16% in Q3, Corning issues a Q4 optical downturn warning

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    By Diana Muratov

    Corning’s overall revenue fell 4% year on year to $3.5 billion as the boost from Optical failed to offset declines in its Display and Specialty Materials units. The majority of Corning‘s third-quarter revenues came from its Optical Communications division, whose unit revenue increased 16% year over year to $1.3 billion. However, according to CEO Wendell […]

  • Europe|
  • Telecommunications

    • Corning opens a fiber optic manufacturing plant in Poland

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    By Diana Muratov

    Corning announced the opening of a new optical fiber manufacturing facility in Mszczonów, Poland, this week. The facility was launched last year after the business determined that it was required to address the increased demand for fiber optics in the European Union and nearby regions. Demand for fiber is increasing in Europe as well, owing […]