Corning (GLW)
Competitors to Corning (GLW)
AGC Inc.
AGC Inc., similar to Corning, specializes in glass and ceramics, focusing on advanced materials used in various industries, including electronics, optical glass, and automotive applications. They compete with Corning by offering innovative glass products like high-performance displays and specialty glass solutions for the automotive sector. Their strong presence in the Asian market provides them with a competitive edge in cost-effective manufacturing, although Corning holds an advantage in brand recognition and a more comprehensive R&D pipeline.
NEC Display Solutions
NEC Display Solutions competes with Corning in the display technology and visualization solutions sectors. They focus on providing high-quality display systems, projectors, and public display solutions that cater to business environments. While Corning furnishes the glass and substrates for displays, NEC’s advantage lies in their comprehensive sales strategy and customer customization offerings, placing them as a formidable competitor in specific segments of the display market.
Praxair (Linde plc)
Praxair, now part of Linde plc, competes with Corning primarily in the production and supply of industrial gases that are essential for glass manufacturing processes. Their competition hinges on the quality and reliability of gas supplies used in high-temperature glass production. While Corning primarily focuses on glass development, Linde's operational efficiency and extensive industry network provide them with a competitive advantage in pricing and distribution of essential materials.
Samsung Display
Samsung Display, a major player in the display technology market, competes with Corning mainly in the production of glass substrates for displays, especially OLED technology. Samsung's deep investments in advanced manufacturing and cutting-edge R&D allow them to produce high-quality displays at scale. While Corning's detailed expertise in glass technology and specialized substrate solutions is strong, Samsung's vertical integration gives it a competitive edge in pricing and speed to market.
Schott AG
Schott AG competes with Corning in the specialty glass segment, targeting industries such as pharmaceuticals, electronics, and optics. With a strong emphasis on high-tech materials and a commitment to sustainability, Schott is advancing in production technologies that enhance performance while reducing environmental impact. While Corning excels in scale and extensive customer relationships, Schott’s innovations in tailored glass solutions provide them with a distinct competitive edge in niche markets.