Corning (GLW, Financial) is edging their way into the medical field with Valor Glass. Working with Merck and Pfizer, Corning is developing a damage-resistant glass for vials that will reduce flaking, contamination, and breaking while being more efficient to manufacture. Corning’s Gorilla Glass continues to be a big seller as Apple, Samsung, and other phone manufacturers use it on Ă‚Âtheir flagship devices. Specialty Materials net earnings were up 71% over last year helping the decline of LCD screen prices in Display Technologies.
From Jeff Auxier (Trades, Portfolio)'s fourth quarter 2018 shareholder letter.
