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U.S. glassmaker to boost South Korean production for foldable phones SEOUL -- U.S. specialty glass producer Corning will invest $1.5 billion in South Korea to increase supply capacity for products including ultrathin, bendable glass used in Samsung Electronics' foldable smartphones. Corning CEO Wendell Weeks announced the investment at a ceremony on Friday celebrating the 50th anniversary of the company's entry into South Korea. Corning's South Korean production hub is in Asan, adjacent to a major Samsung display division facility. Corning started its South Korea business in 1973 by building a joint venture factory with Samsung to produce glass for television...

Corning stock fell more than 4% on Tuesday after the company reported a weaker-than-expected outlook for the current quarter. “We now expect smartphones to be down about 12% for the year, and we expect notebook and tablet demand to decline 15%,” said Wendell Weeks, Corning CEO.

Steuben County Legislator Steven Maio was arrested for patronizing a prostitute on August 12, according to New York State Police. Maio, a Democrat representing the City of Corning, was given an appearance ticket returnable on August 27th at 4:30 p.m. to the town of Hornellsville Court. 18 News first learned of the allegations through a viewer tip. 18 News reached out to Maio on Thursday morning, who referred us to his attorney, Chris Tunney, who declined to comment at this time.

CORNING, N.Y. (18 News) - A protest organizer was arrested for petit larceny for allegedly stealing a Tom Reed campaign sign, according to Jim Allard, Steuben County Sheriff. Gary McCaslin, from Corning, is a leader of the group Citizens for a Better Southern Tier. Yard signs paid by Tom Reed's campaign were disappearing previously, leading them to put tracking devices in signs, according to Abbey Daugherty, Communications Director for Tom Reed's campaign. The tracking device lead them to McCaslin's home, according to Daugherty. In a video, published by the campaign, someone is seen approaching McCaslin at his home. McCaslin can...

This is a shout out to all the Anons who have worked so hard for months on the Q boards to bake Q's drops for us. THANQ, Anons!. The Q team doesn't like it when they receive praise, but hey, they don't have time to read websites (FR) and besides, they can't stop me! THANQ, Q!!!! It just needed to be said. This thread is a friendly collaborative place for FReepers to analyze information and share opinons. FReepers have a wide variety of reasons for investigating Q Anon content; this is not the appropriate place to criticize or badger...

• Corning plans to "immediately" invest $500 million and create 1,000 new jobs in the United States making a new glass for medical products, CEO Wendell Weeks told CNBC. • The initiative is a collaboration with Merck and Pfizer and was announced at a "Made in America" event with President Donald Trump on Thursday. • It is part of a plan to invest $4 billion and create 4,000 new jobs, Weeks said. Corning plans to "immediately" invest $500 million and create 1,000 new American jobs making a new glass for medical products, its CEO told CNBC on Thursday. The initiative...

"I have a saying: The scandal isn’t what’s illegal, the scandal is what’s legal,” liberal editor and commentator Michael Kinsley once said. He was referring to the legal forms of corruption that go on day after day in Washington. By that standard, the real scandal involving Hillary Clinton’s e-mails might not be that she compromised national security out of convenience by using a private e-mail server while secretary of state.

So a politician, a lobbyist and a journalist walk into a bar…Legal Insurrection popped up with another tidbit from the recent document dump of campaign finance reports which came out on Friday. This one caught my attention because it involved not only Hillary Clinton, but a company located fairly close to me… Corning, a major manufacturer of glass and ceramics located in upstate New York. The company has a keen interest in foreign trade deals and stays involved in lobbying efforts to expand them But they also keep a close eye on politicians who may be involved in such...

Although Corning Incorporated did grow this quarter, officials expect to cut costs going forward. Officials say there will be *job cuts* within the next quarter. This is all part of a cost reduction program Corning Incorporated will start following the third quarter numbers. Officials say although they had a strong quarter, growth was not what they hoped for, so some jobs are on the chopping block. But they don't yet know how many, or from what departments, or locations these jobs will come from. "We've not decided where they'll be. That is a business to business decisions, they will go...

After taking heat for shipping jobs to China and contracting to employers with questionable labor conditions, Apple (rather publicly) took credit for creating more than half a million jobs in the U.S. 514,000 to be exact.  That figure included nearly 50,000 employees in its retail network and its corporate headquarters, where products are designed. But it also included FedEx and UPS employees who deliver its products and employees at Corning who make glass for iPads and iPhones. So Apple basically counts anyone vaguely associated with the company or its products as a job that Apple created. But what about the...

Watch "A Day Made of Glass" and take a look at Corning's vision for the future with specialty glass at the heart of it.

CORNING, N.Y. (AP) -- An ultra-strong glass that has been looking for a purpose since its invention in 1962 is poised to become a multibillion-dollar bonanza for Corning Inc. The 159-year-old glass pioneer is ramping up production of what it calls Gorilla glass, expecting it to be the hot new face of touch-screen tablets and high-end TVs. Gorilla showed early promise in the '60s, but failed to find a commercial use, so it's been biding its time in a hilltop research lab for almost a half-century. It picked up its first customer in 2008 and has quickly become a $170...

The U.S. government passed new emissions standards that required new diesel-powered cars and trucks to use the filters. New York state government helped Corning build the new plant. Then, the state passed its own emissions law that forces owners of old diesel vehicles used on state contracts to install the filters — an upgrade that could cost as much as $30,000 each.... With eight months to go, there is also no coordinated effort to retrofit the state’s own fleet. The DEC cannot say how many trucks have been done. The Division of Budget does not have a cost estimate. Each...

No, silly, they’re not firing their own employees. They’re just ignoring American workers who are being laid off, in favor of outsourcing jobs to Sweden. Last month the State Department awarded a multi-million dollar contract to an upscale Georgetown interior design firm, which in turn, promptly outsourced the job to Swedish giant Orrefors... While there is no doubt that Orrefors creates outstanding glassware, our embassies stand as representatives of the United States around the world. Should they not be provided with the very best that America has to offer, as a way to promote the sterling quality of U.S. products,...

WASHINGTON --- Hillary Rodham Clinton's State Department is spending $5.4 million to buy fine crystal stemware for American embassies -- but it won't give the US economy much of a boost. The contract was given to a tiny Washington, DC, interior designer, which in turn subcontracted the crystal work to a Swedish firm -- snubbing such US companies as the famous manufacturer in Clinton's own back yard, Steuben Crystal of upstate Corning. Read more: http://www.nypost.com/p/news/national/hill_nub_of_ny_firm_is_crystal_clear_FYR65jDt5RHnO4X4CLOaFL#ixzz0iHEnM3xb

(Pittsburgh, Pa.) -- The words of a local congressman on the issue of healthcare are coming under scrutiny. Democrat Eric Massa told a group in Pennsylvania that he would vote against the interests of his constituents on healthcare reform if he believes what he's voting for would be helpful to them. Massa has held dozens of town hall meetings, many focused on healthcare, but while in Pittsburgh this past weekend meeting with the grassroots progressive political action group Net Roots Nation, Massa answered questions about where he stands on healthcare reform versus where his constituents stand. "I will vote adamantly...

[Video transcript] MASSA: I will vote for the single payer bill. PARTICIPANT: Even if it meant you were being voted out of office? MASSA: I will vote adamantly against the interests of my district if I actually think what I am doing is going to be helpful.

President Obama held a "very sober meeting" about the economy with 10 of the nation's business leaders at the White House Wednesday as the House debated his proposed $825 billion economic stimulus package. "They understand when it comes to rebuilding our economy, we don't have a moment to spare," Mr. Obama said of the chief executive officers attending the meeting. "They are looking for action from Washington, bold and swift." Mr. Obama characterized them as being "on the frontline of people who are seeing enormous problems in the economy right now" and said the economic difficulties were a reason for...

ROCHESTER, N.Y. (AP) — Corning Inc. said Tuesday it is cutting 3,500 jobs, or 13 percent of its payroll, as demand slumps for glass used in flat-screen televisions and computers. The specialty glass and ceramics maker, the world's largest maker of liquid crystal display glass, announced the cutbacks as its fourth-quarter profit plunged 65 percent to $249 million, or 16 cents a share, from $717 million, or 45 cents a share, a year earlier.

CORNING - A campaign ad by Democratic presidential candidate Barack Obama has drawn fire from Corning Incorporated over its reference to the 2004 closure of a Corning glass plant. In the commercial, a narrator blames Republican opponent John McCain for sending jobs overseas to China, including jobs at the glass plant in State College, Pennsylvania. "Corning shuts down its plant in Pennsylvania, hundreds lose their jobs, then the workers are rehired to disassemble the plant and ship the equipment to China. Washington sold them out with the help of people like John McCain," the ad states. However, Corning Inc. spokeswoman...