Corning (0R2X.L) Stock Analysis & Winston Score

Corning makes specialty glass and materials that go inside everyday technology products. Its most well-known product is Gorilla Glass, the tough screen cover used on smartphones made by Apple, Samsung, and others. The company also makes fiber optic cables for internet networks, glass for TV screens, and lab equipment used in drug research. Corning earns money by selling these materials to large manufacturers around the world. It operates globally, with major customers in the United States, Asia, and Europe, and generates roughly $14 billion in annual revenue. Its main competitive advantage is deep technical expertise in glass science that is very hard for competitors to copy. The biggest growth driver is demand for fiber optic cables, as telecom companies and governments spend heavily to expand broadband internet infrastructure — though a slowdown in smartphone sales or capital spending by telecom companies could weigh on results.