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Friday, July 27, 2012

Corning reports flat 2Q12 sales amid moderate LCD glass price declines

Corning reports flat 2Q12 sales amid moderate LCD glass price declines: Corning has reported that its second-quarter 2012 sales were US$1.9 billion, down 1% sequentially and 5% on year, but said LCD glass prices were dropping at a much more moderate pace. It expects the price declines to remain moderate in the third quarter.

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