A Quick Look at Corning’s Revenue Sources
Corning reported $11.3 billion in Total Revenues in Fiscal 2018. This included the following revenue streams:Display Technologies
: $3.2 billion in FY2018 (29% of Total Revenues). This segment manufactures glass substrates for high performance displays, including organic light-emitting diode (“OLEDs”) and liquid crystal displays (“LCDs”) that are used primarily in televisions, notebook computers and flat panel desktop monitors.Optical Communications
: $4.2 billion in FY2018 (37% of Total Revenues). This segment is classified into two main product groupings – carrier network and enterprise network.Specialty Materials
: $1.5 billion in FY2018 (13% of Total Revenues). This segment manufactures products that provide more than 150 material formulations for glass, glass ceramics and fluoride crystals to meet demand for unique customer needs.Environmental Technologies:
$1.3 billion in FY2018 (11% of Total Revenues). This segment manufactures ceramic substrates and filter products for emissions control in mobile applications around the world
$946 million in FY2018 (8% of Total Revenues). Life Sciences segment works with researchers and drug manufacturers seeking to increase efficiencies, reduce costs and compress timelines.Other:
$216 million in FY2018 (2% of Total Revenues). This segment is primarily comprised of the results of the pharmaceutical technologies business and new product lines and development projects, as well as certain corporate investments.