About
Corning Inc develops and manufactures specialty glass and ceramics. The company provides glass for notebook computers, flat-panel desktop monitors, LCD televisions, and other information display applications; optical fiber, cable, hardware, and equipment products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy-duty vehicle markets; laboratory products for the scientific community and specialized polymer products for biotechnology applications; advanced optical materials for the semiconductor industry and the scientific community; and other technologies.
One of Corning's strategic divisions is Corning Optical Communications Wireless Division, which has a branch and an established company in Israel. Corning began activities in Israel with the 2011 acquisition of MobileAccess. The Israeli subsidiary, now called Corning Optical Communications Wireless Ltd, was integrated into Corning Cable Systems (Corning's telecommunications business segment). Today, the Israeli subsidiary develops distributed antenna system solutions for wireless coverage inside buildings. In 2020, it was announced that the Israeli R&D center is developing the Small Cell technology that allows the use of Corning's hybrid optical cable, which incorporates copper wires, in a way that enables a stable power supply to the deployment site and helps communication operators to expand the 5G infrastructure.
Company Intelligence Q&A
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- When did Corning begin its operations in Israel?
- Corning began its activities in Israel in March 2011 with the acquisition of MobileAccess.
- What was the name of the company Corning acquired in Israel in 2011?
- In 2011, Corning acquired MobileAccess, which subsequently became Corning Optical Communications Wireless Ltd.
- What is the primary focus of Corning's Israeli subsidiary, Corning Optical Communications Wireless Ltd?
- Corning Optical Communications Wireless Ltd, the Israeli subsidiary, develops distributed antenna system solutions for wireless coverage inside buildings.
- What technology was Corning's Israeli R&D center developing in 2020?
- In 2020, Corning's Israeli R&D center was developing Small Cell technology to facilitate 5G infrastructure expansion using Corning's hybrid optical cable.
- Did Corning have layoffs in its Israeli R&D center?
- Yes, Corning laid off dozens of employees in its Israeli R&D center in June 2021.
- What is the current status of Corning's R&D center in Israel?
- Corning closed its R&D center in Israel in May 2023, laying off its entire workforce there, and ceased to operate in Israel.
- What is Corning's overall business focus?
- Corning Inc develops and manufactures specialty glass and ceramics, including products for telecommunications, information displays, automotive, and scientific applications.
- When did Corning become a public company?
- Corning had its IPO in January 1990 on the NYSE under the ticker GLW.