This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsCorning(GLW)株式概要コーニング・インコーポレイテッドは、ディスプレイ技術、光通信、環境技術、特殊素材、ライフサイエンス事業を米国内外で展開している。 詳細GLW ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長3/6過去の実績1/6財務の健全性3/6配当金3/6報酬当社が推定した公正価値より26.5%で取引されている 収益は年間28%増加すると予測されています リスク分析2.96%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 過去3か月間に大規模なインサイダー売却が発生 多額の負債を抱えている 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るGLW Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€35.573.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-971m20b2016201920222025202620282031Revenue US$19.6bEarnings US$692.6mAdvancedSet Fair ValueView all narrativesCorning Incorporated 競合他社Murata ManufacturingSymbol: TSE:6981Market cap: JP¥19.8tDelta ElectronicsSymbol: TWSE:2308Market cap: NT$5.6tBOE Technology GroupSymbol: SZSE:000725Market cap: CN¥246.9bTDKSymbol: TSE:6762Market cap: JP¥7.3t価格と性能株価の高値、安値、推移の概要Corning過去の株価現在の株価US$35.5752週高値US$052週安値US$0ベータ1.051ヶ月の変化-13.92%3ヶ月変化12.26%1年変化19.29%3年間の変化n/a5年間の変化n/aIPOからの変化10.48%最新ニュースRecent Insider Transactions • Aug 04Insider recently sold €2.1m worth of stockOn the 31st of July, Jeffrey Evenson sold around 55k shares on-market at roughly €37.22 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.7m more than they bought in the last 12 months.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$0.12 (vs US$0.33 in 2Q 2023)Second quarter 2024 results: EPS: US$0.12 (down from US$0.33 in 2Q 2023). Revenue: US$3.25b (flat on 2Q 2023). Net income: US$104.0m (down 63% from 2Q 2023). Profit margin: 3.2% (down from 8.7% in 2Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in Europe.New Risk • Jul 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 155% Cash payout ratio: 108% Minor Risks High level of debt (52% net debt to equity). Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Significant insider selling over the past 3 months (€4.8m sold).お知らせ • Jul 11Corning Incorporated Updates Earnings Guidance for the Second Quarter of 2024Corning Incorporated updated earnings guidance for the second quarter of 2024. The company now expects core sales of approximately $3.6 billion, compared with previous guidance of approximately $3.4 billion, with core EPS at the high end of or slightly above management’s guided range of $0.42 to $0.46.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €41.32, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Electronic industry in Europe. Total returns to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €39.77 per share.お知らせ • Jul 09Corning Incorporated to Report Q2, 2024 Results on Jul 30, 2024Corning Incorporated announced that they will report Q2, 2024 results at 8:30 AM, US Eastern Standard Time on Jul 30, 2024最新情報をもっと見るRecent updatesRecent Insider Transactions • Aug 04Insider recently sold €2.1m worth of stockOn the 31st of July, Jeffrey Evenson sold around 55k shares on-market at roughly €37.22 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.7m more than they bought in the last 12 months.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$0.12 (vs US$0.33 in 2Q 2023)Second quarter 2024 results: EPS: US$0.12 (down from US$0.33 in 2Q 2023). Revenue: US$3.25b (flat on 2Q 2023). Net income: US$104.0m (down 63% from 2Q 2023). Profit margin: 3.2% (down from 8.7% in 2Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in Europe.New Risk • Jul 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 155% Cash payout ratio: 108% Minor Risks High level of debt (52% net debt to equity). Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Significant insider selling over the past 3 months (€4.8m sold).お知らせ • Jul 11Corning Incorporated Updates Earnings Guidance for the Second Quarter of 2024Corning Incorporated updated earnings guidance for the second quarter of 2024. The company now expects core sales of approximately $3.6 billion, compared with previous guidance of approximately $3.4 billion, with core EPS at the high end of or slightly above management’s guided range of $0.42 to $0.46.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €41.32, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Electronic industry in Europe. Total returns to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €39.77 per share.お知らせ • Jul 09Corning Incorporated to Report Q2, 2024 Results on Jul 30, 2024Corning Incorporated announced that they will report Q2, 2024 results at 8:30 AM, US Eastern Standard Time on Jul 30, 2024お知らせ • Jun 26Corning Incorporated Announces Quarterly Dividend, Payable on September 27, 2024Corning Incorporated’s Board of Directors declared a quarterly dividend of $0.28 per share. The dividend will be payable on September 27, 2024, to shareholders of record on August 30, 2024.Recent Insider Transactions • May 08Executive VP & Chief Strategy Officer recently sold €1.4m worth of stockOn the 6th of May, Jeffrey Evenson sold around 46k shares on-market at roughly €30.81 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €9.0m more than they bought in the last 12 months.New Risk • May 04New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.8m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 155% Cash payout ratio: 108% Minor Risks High level of debt (52% net debt to equity). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€1.8m sold).お知らせ • May 03+ 1 more updateCorning Announces Quarterly Dividend, Payable on June 27, 2024Corning Incorporated’s Board of Directors declared a quarterly dividend of $0.28 per share. The dividend will be payable on June 27, 2024, to shareholders of record on May 31, 2024.Buy Or Sell Opportunity • May 02Now 21% undervaluedOver the last 90 days, the stock has risen 5.2% to €31.11. The fair value is estimated to be €39.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 188% in the next 2 years.Reported Earnings • May 01First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.21 in 1Q 2023)First quarter 2024 results: EPS: US$0.24 (up from US$0.21 in 1Q 2023). Revenue: US$2.98b (down 6.4% from 1Q 2023). Net income: US$209.0m (up 19% from 1Q 2023). Profit margin: 7.0% (up from 5.5% in 1Q 2023). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Europe.お知らせ • Mar 26Corning Incorporated to Report Q1, 2024 Results on Apr 30, 2024Corning Incorporated announced that they will report Q1, 2024 results on Apr 30, 2024お知らせ • Mar 01Corning Incorporated, Annual General Meeting, May 02, 2024Corning Incorporated, Annual General Meeting, May 02, 2024, at 12:00 US Eastern Standard Time.お知らせ • Feb 07Corning Announces Quarterly Dividend, Payable on March 28, 2024Corning Incorporated’s Board of Directors declared a quarterly dividend of $0.28 per share. The dividend will be payable on March 28, 2024, to shareholders of record on February 29, 2024.New Risk • Feb 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 163% Cash payout ratio: 155% Minor Risks High level of debt (48% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.6% net profit margin).Reported Earnings • Feb 05Full year 2023 earnings released: EPS: US$0.69 (vs US$1.56 in FY 2022)Full year 2023 results: EPS: US$0.69 (down from US$1.56 in FY 2022). Revenue: US$12.6b (down 11% from FY 2022). Net income: US$581.0m (down 56% from FY 2022). Profit margin: 4.6% (down from 9.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Europe.お知らせ • Jan 30Corning Incorporated Provides Earnings Guidance for the First-Quarter of 2024Corning Incorporated provided earnings guidance for the first-quarter of 2024. For the quarter, the company expects core sales of approximately $3.1 billion and core EPS in the range of $0.32to $0.38 and anticipates the first quarter to be the low quarter of the year.お知らせ • Dec 19Corning Incorporated to Report Q4, 2023 Results on Jan 30, 2024Corning Incorporated announced that they will report Q4, 2023 results on Jan 30, 2024Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: US$0.19 (vs US$0.25 in 3Q 2022)Third quarter 2023 results: EPS: US$0.19 (down from US$0.25 in 3Q 2022). Revenue: US$3.17b (down 9.0% from 3Q 2022). Net income: US$164.0m (down 21% from 3Q 2022). Profit margin: 5.2% (down from 6.0% in 3Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Europe.お知らせ • Oct 25Corning Incorporated Provides Earnings Guidance for Fourth-Quarter 2023Corning Incorporated provided earnings guidance for fourth-quarter 2023. For the period, company expects core sales of approximately $3.25 billion, core gross margin percentage similar to the third quarter despite the sequential sales decline, core EPS in the range of $0.37 to $0.42, and another quarter of strong free cash flow.お知らせ • Sep 27Corning Incorporated to Report Q3, 2023 Results on Oct 24, 2023Corning Incorporated announced that they will report Q3, 2023 results on Oct 24, 2023Recent Insider Transactions • Jul 30Chairman & CEO recently sold €3.1m worth of stockOn the 26th of July, Wendell Weeks sold around 100k shares on-market at roughly €30.51 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Wendell's only on-market trade for the last 12 months.Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: US$0.33 (vs US$0.67 in 2Q 2022)Second quarter 2023 results: EPS: US$0.33 (down from US$0.67 in 2Q 2022). Revenue: US$3.24b (down 10% from 2Q 2022). Net income: US$281.0m (down 50% from 2Q 2022). Profit margin: 8.7% (down from 16% in 2Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Europe.お知らせ • Jul 26Corning Incorporated Provides Sales Guidance for the Third Quarter of 2023Corning Incorporated provided sales guidance for the third quarter of 2023. For the quarter, the company expected Core Sales of about $3.5 billion.お知らせ • Jul 14Corning Incorporated Launches Corning®? Viridian™ VialsCorning Incorporated launched Corning® Viridian™ Vials, the latest innovation in its expanding pharmaceutical glass-packaging portfolio. Viridian Vials bring performance and sustainability together. The new technology can improve filling-line efficiency by up to 50% while reducing vial-manufacturing carbon-dioxide-equivalent (CO2e) emissions by up to 30%. Injectable medicines play an increasingly important role in global health. As demand for these medicines rises, pharmaceutical manufacturers are looking to increase production efficiently while reducing the environmental impact of their supply chain. Viridian Vials use 20% less glass material than conventional glass vials, with no impact on the quality or safety of the vial. This reduction in glass material lowers manufacturing and transportation-related emissions by up to 30% and decreases the total amount of glass entering the waste stream. In addition, Viridian's low-friction external coating minimizes cracks, breaks, and cosmetic rejects while improving filling-lineefficiency by up to 50%. West Pharmaceutical Services will be the exclusive distributor of Viridian Vial Technology. Corning's ongoing collaboration with West brings together two industry leaders with a shared commitment to using resources responsibly to help create a healthier, more sustainable world.お知らせ • Jun 25Corning Incorporated(NYSE:GLW) dropped from Russell 1000 Growth IndexCorning Incorporated(NYSE:GLW) dropped from Russell 1000 Growth Indexお知らせ • Jun 21Corning Incorporated Appoints Thomas D. French to its Board of DirectorsCorning Incorporated’s Board of Directors announced that Thomas D. French, former senior partner and current senior partner emeritus with McKinsey & Company, has been appointed to Corning’s Board of Directors, effective June 20, 2023. Mr. French will serve on the board’s Audit Committee as well as its Corporate Responsibility and Sustainability Committee. He will hold office until Corning’s annual meeting of shareholders in the spring of 2024, at which time he will stand for election to a one-year term. His appointment brings the number of Corning directors to 16. Mr. French retired as a senior partner of McKinsey & Company in December 2019, and currently is senior partner emeritus. During his 33-year career with McKinsey, he served leading technology-driven industrial companies on issues of strategy, marketing, corporate governance, and organization design. He led the firm’s Global Marketing and Sales Practice for five years, the Americas Practice for seven years, and served on multiple firm governance committees. He is a trustee of several non-profit organizations. Mr. French brings four decades of management consulting experience to the Board. In particular, he brings deep familiarity with how global, technology-driven companies approach strategic planning, digital transformation, customer engagement, organization design, innovation, and matters of governance. In his role leading McKinsey’s Global Marketing and Sales Practice, he gained unique insight into how innovation-driven industrial companies commercialize new technologies and build businesses. He is also deeply versed in the dynamics of Corning’s end markets, including telecommunications, display glass, advanced materials, and consumer electronics.Recent Insider Transactions • May 03Insider recently sold €863k worth of stockOn the 1st of May, Cheryl Capps sold around 29k shares on-market at roughly €30.21 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months.Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: US$0.21 (vs US$0.69 in 1Q 2022)First quarter 2023 results: EPS: US$0.21 (down from US$0.69 in 1Q 2022). Revenue: US$3.18b (down 14% from 1Q 2022). Net income: US$176.0m (down 70% from 1Q 2022). Profit margin: 5.5% (down from 16% in 1Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in Europe.Recent Insider Transactions • Feb 19Insider recently sold €191k worth of stockOn the 16th of February, John Zhang sold around 6k shares on-market at roughly €33.27 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months.お知らせ • Feb 09Corning Incorporated Announces Increase in Quarterly Dividend, Payable on March 30, 2023Corning Incorporated declared a quarterly dividend of $0.28 per share, a 3.7% increase versus the company’s previous quarterly common stock dividend of $0.27. The dividend will be payable on March 30, 2023, to shareholders of record on Feb. 28, 2023.Recent Insider Transactions • Feb 08Insider recently sold €154k worth of stockOn the 3rd of February, John Zhang sold around 5k shares on-market at roughly €33.18 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months.Reported Earnings • Feb 01Full year 2022 earnings released: EPS: US$1.56 (vs US$1.30 in FY 2021)Full year 2022 results: EPS: US$1.56 (up from US$1.30 in FY 2021). Revenue: US$14.2b (flat on FY 2021). Net income: US$1.32b (up 22% from FY 2021). Profit margin: 9.3% (up from 7.7% in FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Europe.お知らせ • Feb 01Corning Incorporated Provides Earnings Guidance for the First-Quarter 2023Corning Incorporated provided earnings guidance for the first-quarter 2023. for the period, the company expects core sales in the range of $3.2 billion to $3.4 billion and core EPS in the range of $0.35 to $0.42. Management expects sales to decline more than seasonally due to pandemic-related disruptions in China. Management took actions to increase price and improve productivity in the fourth quarter of 2022. The company expects the benefits of these actions to begin in the first quarter of 2023 and, as a result, profitability to improve despite an anticipated sequential sales decline.Buying Opportunity • Dec 07Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €39.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 8.5% per annum over the same time period.お知らせ • Dec 02Corning Incorporated Redefines Tough with Corning Gorilla Glass Victus 2Corning Incorporated unveiled its newest glass innovation, Corning® Gorilla® Glass Victus® 2. Corning continues to push the boundaries of glass by expanding its Corning® Gorilla® Glass portfolio. With a new glass composition, Gorilla Glass Victus 2 delivers improved drop performance on rough surfaces like concrete, the world’s most abundantly engineered material, while preserving the scratch resistance of Gorilla Glass Victus. Corning’s extensive research has shown that 84% of consumers across three of the largest smartphone markets – China, India, and the United States – cite durability as the number one purchasing consideration behind brand itself. In lab tests, Gorilla Glass Victus 2 survived drops of up to one meter on a surface replicating concrete. Competitive aluminosilicate glasses from other manufacturers typically failed when dropped from half a meter or less. In addition, Gorilla Glass Victus 2 continued to survive drops up to two meters on a surface replicating asphalt and maintained scratch resistance up to four times better than competitive aluminosilicate. For more than a decade, Gorilla Glass has helped revolutionize the way communicate and transform the mobile consumer electronics industry. With nearly half a billion global consumers yet to transition to smartphones, Gorilla Glass will continue to solve tough consumer challenges and meet the needs of current and future smartphone users. Gorilla Glass Victus 2 is currently being evaluated by multiple customers and is expected to reach the market within the next few months. Gorilla Glass has been designed into more than 8 billion devices by more than 45 major brands. Throughout the company’s Mobile Consumer Electronics (MCE) market access platform, Corning continues its legacy of innovation with its market-leading cover glasses as well as glass and optics for semiconductor products that enhance performance, deliver new connectivity features, enable new designs, and support immersive user experiences with augmented reality and 3D sensing.株主還元GLWBG ElectronicBG 市場7D-4.4%1.2%-0.9%1Y19.3%25.4%13.7%株主還元を見る業界別リターン: GLW過去 1 年間で25.4 % の収益を上げたBG Electronic業界を上回りました。リターン対市場: GLW過去 1 年間で13.7 % の収益を上げたBG市場を上回りました。価格変動Is GLW's price volatile compared to industry and market?GLW volatilityGLW Average Weekly Movement5.5%Electronic Industry Average Movement6.5%Market Average Movement5.4%10% most volatile stocks in BG Market7.7%10% least volatile stocks in BG Market3.2%安定した株価: GLW 、 BG市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: GLWの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO(最高経営責任者ウェブサイト185149,800Wendell Weekswww.corning.comコーニング・インコーポレイテッドは、ディスプレイテクノロジー、光通信、環境テクノロジー、スペシャリティマテリアル、ライフサイエンス事業を米国内外で展開している。ディスプレイテクノロジー部門は、テレビ、ノートパソコン、デスクトップモニター、タブレット、携帯機器に使用される液晶ディスプレイや有機発光ダイオードなどのフラットパネルディスプレイ用ガラス基板を提供している。光通信部門は、光ファイバーとケーブル、およびケーブルアセンブリ、光ファイバーハードウェアとコネクタ、光コンポーネントとカプラ、クロージャ、ネットワークインターフェイスデバイス、その他のアクセサリなどのハードウェアと機器製品を、電気通信業界、企業、政府、個人向けに提供している。特殊材料部門は、ガラス、ガラスセラミックス、水晶、精密測定機器、ソフトウェアの材料配合、ガラスウェーハと基板、着色サングラス、放射線遮蔽製品を、モバイル家電、半導体装置の光学部品と消耗品、航空宇宙・防衛光学部品、放射線遮蔽製品、サングラス、通信部品など様々な市場向けに製造している。環境技術部門は、モバイル、ガソリン、ディーゼル用途の排ガス制御用セラミック基板とフィルター製品を提供している。ライフサイエンス部門は、プラスチック容器、液体処理プラスチック、特殊表面処理、細胞培養培地、血清などの消耗品、一般的な実験器具、コーニング、パイレックス、ファルコン、オキシジェンの各ブランドのガラス器具や機器などのラボ用製品を提供している。以前はコーニング・グラス・ワークスとして知られていたが、1989年4月にコーニング・インコーポレーテッドに社名を変更した。コーニング・インコーポレーテッドは1851年に設立され、ニューヨーク州コーニングに本社を置いている。もっと見るCorning Incorporated 基礎のまとめCorning の収益と売上を時価総額と比較するとどうか。GLW 基礎統計学時価総額€29.64b収益(TTM)€399.90m売上高(TTM)€11.34b74.1xPER(株価収益率2.6xP/SレシオGLW は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計GLW 損益計算書(TTM)収益US$12.39b売上原価US$8.13b売上総利益US$4.26bその他の費用US$3.82b収益US$437.00m直近の収益報告Jun 30, 2024次回決算日該当なし一株当たり利益(EPS)0.51グロス・マージン34.38%純利益率3.53%有利子負債/自己資本比率66.7%GLW の長期的なパフォーマンスは?過去の実績と比較を見る配当金3.0%現在の配当利回り218%配当性向View Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2024/08/08 07:47終値2024/08/08 00:00収益2024/06/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Corning Incorporated 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。33 アナリスト機関James KelleherArgus Research CompanyAmir RozwadowskiBarclaysTimothy LongBarclays30 その他のアナリストを表示
Recent Insider Transactions • Aug 04Insider recently sold €2.1m worth of stockOn the 31st of July, Jeffrey Evenson sold around 55k shares on-market at roughly €37.22 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.7m more than they bought in the last 12 months.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$0.12 (vs US$0.33 in 2Q 2023)Second quarter 2024 results: EPS: US$0.12 (down from US$0.33 in 2Q 2023). Revenue: US$3.25b (flat on 2Q 2023). Net income: US$104.0m (down 63% from 2Q 2023). Profit margin: 3.2% (down from 8.7% in 2Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in Europe.
New Risk • Jul 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 155% Cash payout ratio: 108% Minor Risks High level of debt (52% net debt to equity). Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Significant insider selling over the past 3 months (€4.8m sold).
お知らせ • Jul 11Corning Incorporated Updates Earnings Guidance for the Second Quarter of 2024Corning Incorporated updated earnings guidance for the second quarter of 2024. The company now expects core sales of approximately $3.6 billion, compared with previous guidance of approximately $3.4 billion, with core EPS at the high end of or slightly above management’s guided range of $0.42 to $0.46.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €41.32, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Electronic industry in Europe. Total returns to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €39.77 per share.
お知らせ • Jul 09Corning Incorporated to Report Q2, 2024 Results on Jul 30, 2024Corning Incorporated announced that they will report Q2, 2024 results at 8:30 AM, US Eastern Standard Time on Jul 30, 2024
Recent Insider Transactions • Aug 04Insider recently sold €2.1m worth of stockOn the 31st of July, Jeffrey Evenson sold around 55k shares on-market at roughly €37.22 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.7m more than they bought in the last 12 months.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$0.12 (vs US$0.33 in 2Q 2023)Second quarter 2024 results: EPS: US$0.12 (down from US$0.33 in 2Q 2023). Revenue: US$3.25b (flat on 2Q 2023). Net income: US$104.0m (down 63% from 2Q 2023). Profit margin: 3.2% (down from 8.7% in 2Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in Europe.
New Risk • Jul 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 155% Cash payout ratio: 108% Minor Risks High level of debt (52% net debt to equity). Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Significant insider selling over the past 3 months (€4.8m sold).
お知らせ • Jul 11Corning Incorporated Updates Earnings Guidance for the Second Quarter of 2024Corning Incorporated updated earnings guidance for the second quarter of 2024. The company now expects core sales of approximately $3.6 billion, compared with previous guidance of approximately $3.4 billion, with core EPS at the high end of or slightly above management’s guided range of $0.42 to $0.46.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €41.32, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Electronic industry in Europe. Total returns to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €39.77 per share.
お知らせ • Jul 09Corning Incorporated to Report Q2, 2024 Results on Jul 30, 2024Corning Incorporated announced that they will report Q2, 2024 results at 8:30 AM, US Eastern Standard Time on Jul 30, 2024
お知らせ • Jun 26Corning Incorporated Announces Quarterly Dividend, Payable on September 27, 2024Corning Incorporated’s Board of Directors declared a quarterly dividend of $0.28 per share. The dividend will be payable on September 27, 2024, to shareholders of record on August 30, 2024.
Recent Insider Transactions • May 08Executive VP & Chief Strategy Officer recently sold €1.4m worth of stockOn the 6th of May, Jeffrey Evenson sold around 46k shares on-market at roughly €30.81 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €9.0m more than they bought in the last 12 months.
New Risk • May 04New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.8m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 155% Cash payout ratio: 108% Minor Risks High level of debt (52% net debt to equity). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€1.8m sold).
お知らせ • May 03+ 1 more updateCorning Announces Quarterly Dividend, Payable on June 27, 2024Corning Incorporated’s Board of Directors declared a quarterly dividend of $0.28 per share. The dividend will be payable on June 27, 2024, to shareholders of record on May 31, 2024.
Buy Or Sell Opportunity • May 02Now 21% undervaluedOver the last 90 days, the stock has risen 5.2% to €31.11. The fair value is estimated to be €39.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 188% in the next 2 years.
Reported Earnings • May 01First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.21 in 1Q 2023)First quarter 2024 results: EPS: US$0.24 (up from US$0.21 in 1Q 2023). Revenue: US$2.98b (down 6.4% from 1Q 2023). Net income: US$209.0m (up 19% from 1Q 2023). Profit margin: 7.0% (up from 5.5% in 1Q 2023). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Europe.
お知らせ • Mar 26Corning Incorporated to Report Q1, 2024 Results on Apr 30, 2024Corning Incorporated announced that they will report Q1, 2024 results on Apr 30, 2024
お知らせ • Mar 01Corning Incorporated, Annual General Meeting, May 02, 2024Corning Incorporated, Annual General Meeting, May 02, 2024, at 12:00 US Eastern Standard Time.
お知らせ • Feb 07Corning Announces Quarterly Dividend, Payable on March 28, 2024Corning Incorporated’s Board of Directors declared a quarterly dividend of $0.28 per share. The dividend will be payable on March 28, 2024, to shareholders of record on February 29, 2024.
New Risk • Feb 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 163% Cash payout ratio: 155% Minor Risks High level of debt (48% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.6% net profit margin).
Reported Earnings • Feb 05Full year 2023 earnings released: EPS: US$0.69 (vs US$1.56 in FY 2022)Full year 2023 results: EPS: US$0.69 (down from US$1.56 in FY 2022). Revenue: US$12.6b (down 11% from FY 2022). Net income: US$581.0m (down 56% from FY 2022). Profit margin: 4.6% (down from 9.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Europe.
お知らせ • Jan 30Corning Incorporated Provides Earnings Guidance for the First-Quarter of 2024Corning Incorporated provided earnings guidance for the first-quarter of 2024. For the quarter, the company expects core sales of approximately $3.1 billion and core EPS in the range of $0.32to $0.38 and anticipates the first quarter to be the low quarter of the year.
お知らせ • Dec 19Corning Incorporated to Report Q4, 2023 Results on Jan 30, 2024Corning Incorporated announced that they will report Q4, 2023 results on Jan 30, 2024
Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: US$0.19 (vs US$0.25 in 3Q 2022)Third quarter 2023 results: EPS: US$0.19 (down from US$0.25 in 3Q 2022). Revenue: US$3.17b (down 9.0% from 3Q 2022). Net income: US$164.0m (down 21% from 3Q 2022). Profit margin: 5.2% (down from 6.0% in 3Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Europe.
お知らせ • Oct 25Corning Incorporated Provides Earnings Guidance for Fourth-Quarter 2023Corning Incorporated provided earnings guidance for fourth-quarter 2023. For the period, company expects core sales of approximately $3.25 billion, core gross margin percentage similar to the third quarter despite the sequential sales decline, core EPS in the range of $0.37 to $0.42, and another quarter of strong free cash flow.
お知らせ • Sep 27Corning Incorporated to Report Q3, 2023 Results on Oct 24, 2023Corning Incorporated announced that they will report Q3, 2023 results on Oct 24, 2023
Recent Insider Transactions • Jul 30Chairman & CEO recently sold €3.1m worth of stockOn the 26th of July, Wendell Weeks sold around 100k shares on-market at roughly €30.51 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Wendell's only on-market trade for the last 12 months.
Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: US$0.33 (vs US$0.67 in 2Q 2022)Second quarter 2023 results: EPS: US$0.33 (down from US$0.67 in 2Q 2022). Revenue: US$3.24b (down 10% from 2Q 2022). Net income: US$281.0m (down 50% from 2Q 2022). Profit margin: 8.7% (down from 16% in 2Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Europe.
お知らせ • Jul 26Corning Incorporated Provides Sales Guidance for the Third Quarter of 2023Corning Incorporated provided sales guidance for the third quarter of 2023. For the quarter, the company expected Core Sales of about $3.5 billion.
お知らせ • Jul 14Corning Incorporated Launches Corning®? Viridian™ VialsCorning Incorporated launched Corning® Viridian™ Vials, the latest innovation in its expanding pharmaceutical glass-packaging portfolio. Viridian Vials bring performance and sustainability together. The new technology can improve filling-line efficiency by up to 50% while reducing vial-manufacturing carbon-dioxide-equivalent (CO2e) emissions by up to 30%. Injectable medicines play an increasingly important role in global health. As demand for these medicines rises, pharmaceutical manufacturers are looking to increase production efficiently while reducing the environmental impact of their supply chain. Viridian Vials use 20% less glass material than conventional glass vials, with no impact on the quality or safety of the vial. This reduction in glass material lowers manufacturing and transportation-related emissions by up to 30% and decreases the total amount of glass entering the waste stream. In addition, Viridian's low-friction external coating minimizes cracks, breaks, and cosmetic rejects while improving filling-lineefficiency by up to 50%. West Pharmaceutical Services will be the exclusive distributor of Viridian Vial Technology. Corning's ongoing collaboration with West brings together two industry leaders with a shared commitment to using resources responsibly to help create a healthier, more sustainable world.
お知らせ • Jun 25Corning Incorporated(NYSE:GLW) dropped from Russell 1000 Growth IndexCorning Incorporated(NYSE:GLW) dropped from Russell 1000 Growth Index
お知らせ • Jun 21Corning Incorporated Appoints Thomas D. French to its Board of DirectorsCorning Incorporated’s Board of Directors announced that Thomas D. French, former senior partner and current senior partner emeritus with McKinsey & Company, has been appointed to Corning’s Board of Directors, effective June 20, 2023. Mr. French will serve on the board’s Audit Committee as well as its Corporate Responsibility and Sustainability Committee. He will hold office until Corning’s annual meeting of shareholders in the spring of 2024, at which time he will stand for election to a one-year term. His appointment brings the number of Corning directors to 16. Mr. French retired as a senior partner of McKinsey & Company in December 2019, and currently is senior partner emeritus. During his 33-year career with McKinsey, he served leading technology-driven industrial companies on issues of strategy, marketing, corporate governance, and organization design. He led the firm’s Global Marketing and Sales Practice for five years, the Americas Practice for seven years, and served on multiple firm governance committees. He is a trustee of several non-profit organizations. Mr. French brings four decades of management consulting experience to the Board. In particular, he brings deep familiarity with how global, technology-driven companies approach strategic planning, digital transformation, customer engagement, organization design, innovation, and matters of governance. In his role leading McKinsey’s Global Marketing and Sales Practice, he gained unique insight into how innovation-driven industrial companies commercialize new technologies and build businesses. He is also deeply versed in the dynamics of Corning’s end markets, including telecommunications, display glass, advanced materials, and consumer electronics.
Recent Insider Transactions • May 03Insider recently sold €863k worth of stockOn the 1st of May, Cheryl Capps sold around 29k shares on-market at roughly €30.21 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months.
Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: US$0.21 (vs US$0.69 in 1Q 2022)First quarter 2023 results: EPS: US$0.21 (down from US$0.69 in 1Q 2022). Revenue: US$3.18b (down 14% from 1Q 2022). Net income: US$176.0m (down 70% from 1Q 2022). Profit margin: 5.5% (down from 16% in 1Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in Europe.
Recent Insider Transactions • Feb 19Insider recently sold €191k worth of stockOn the 16th of February, John Zhang sold around 6k shares on-market at roughly €33.27 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months.
お知らせ • Feb 09Corning Incorporated Announces Increase in Quarterly Dividend, Payable on March 30, 2023Corning Incorporated declared a quarterly dividend of $0.28 per share, a 3.7% increase versus the company’s previous quarterly common stock dividend of $0.27. The dividend will be payable on March 30, 2023, to shareholders of record on Feb. 28, 2023.
Recent Insider Transactions • Feb 08Insider recently sold €154k worth of stockOn the 3rd of February, John Zhang sold around 5k shares on-market at roughly €33.18 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months.
Reported Earnings • Feb 01Full year 2022 earnings released: EPS: US$1.56 (vs US$1.30 in FY 2021)Full year 2022 results: EPS: US$1.56 (up from US$1.30 in FY 2021). Revenue: US$14.2b (flat on FY 2021). Net income: US$1.32b (up 22% from FY 2021). Profit margin: 9.3% (up from 7.7% in FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Europe.
お知らせ • Feb 01Corning Incorporated Provides Earnings Guidance for the First-Quarter 2023Corning Incorporated provided earnings guidance for the first-quarter 2023. for the period, the company expects core sales in the range of $3.2 billion to $3.4 billion and core EPS in the range of $0.35 to $0.42. Management expects sales to decline more than seasonally due to pandemic-related disruptions in China. Management took actions to increase price and improve productivity in the fourth quarter of 2022. The company expects the benefits of these actions to begin in the first quarter of 2023 and, as a result, profitability to improve despite an anticipated sequential sales decline.
Buying Opportunity • Dec 07Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €39.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 8.5% per annum over the same time period.
お知らせ • Dec 02Corning Incorporated Redefines Tough with Corning Gorilla Glass Victus 2Corning Incorporated unveiled its newest glass innovation, Corning® Gorilla® Glass Victus® 2. Corning continues to push the boundaries of glass by expanding its Corning® Gorilla® Glass portfolio. With a new glass composition, Gorilla Glass Victus 2 delivers improved drop performance on rough surfaces like concrete, the world’s most abundantly engineered material, while preserving the scratch resistance of Gorilla Glass Victus. Corning’s extensive research has shown that 84% of consumers across three of the largest smartphone markets – China, India, and the United States – cite durability as the number one purchasing consideration behind brand itself. In lab tests, Gorilla Glass Victus 2 survived drops of up to one meter on a surface replicating concrete. Competitive aluminosilicate glasses from other manufacturers typically failed when dropped from half a meter or less. In addition, Gorilla Glass Victus 2 continued to survive drops up to two meters on a surface replicating asphalt and maintained scratch resistance up to four times better than competitive aluminosilicate. For more than a decade, Gorilla Glass has helped revolutionize the way communicate and transform the mobile consumer electronics industry. With nearly half a billion global consumers yet to transition to smartphones, Gorilla Glass will continue to solve tough consumer challenges and meet the needs of current and future smartphone users. Gorilla Glass Victus 2 is currently being evaluated by multiple customers and is expected to reach the market within the next few months. Gorilla Glass has been designed into more than 8 billion devices by more than 45 major brands. Throughout the company’s Mobile Consumer Electronics (MCE) market access platform, Corning continues its legacy of innovation with its market-leading cover glasses as well as glass and optics for semiconductor products that enhance performance, deliver new connectivity features, enable new designs, and support immersive user experiences with augmented reality and 3D sensing.