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Corning sees strong LCD TV sales



By AP
20 June 2008 @ 09:32 am EST

CORNING, N.Y. - Specialty glass and ceramics maker Corning Inc. said Friday strong U.S. LCD television sales for the first five months of the year reinforce its outlook for LCD glass market growth at the upper end of its guidance.

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The company has said it expects the market to grow between 25 percent and 30 percent in 2008.

Corning said May LCD TV sales in the U.S. jumped 50 percent from the year earlier.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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