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-0.000385306961212447 0.00175528726774551 0.00475211918828661 0.0020549704597996 0.00145560407569143 -0.00273996061306625 -0.00470930730370748 -0.00492336672660333
Stock impact report

Corning Rides on Strength in Consumer Electronics: Will it Persist? [Yahoo! Finance]

Universal Display Corporation (OLED) 
Last universal display corporation earnings: 2/20 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.oled.com/shareholders/default.aspx
Company Research Source: Yahoo! Finance
During the third quarter, the company generated $621 million in revenues, up 13% year over year. Net income was $113 million, up 57% year over year. Net sales were up due to the continuous adoption of the company's premium glass innovation in the customer's flagship smartphone. Major smartphone manufacturers, including Samsung, are deploying Corning Gorilla Glass Ceramic 2 in the next-gen Galaxy S25 Edge devices. Xiaomi and OnePlus have also deployed Corning's advanced Gorilla Glass in their premium smartphones. The company is also witnessing solid demand in the broader consumer electronics market. Apple is set to invest $2.5 billion to develop all of iPhone and Apple Watch's cover glass in Corning's Kentucky manufacturing facilities. The strategy is part of Apple's $600 billion multi-year investment commitment in the United States. Corning's regional manufacturing capabilities have become a major driver of this initiative. The expanded collaboration with Apple has made consumer e Show less Read more
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