Corning Incorporated, a company specializing in glass and specialty ceramic substrates, has been given a neutral rating by UBS.

The company's net sales are diversified across various markets. Telecommunications accounts for 29.6% of sales, with products such as glass fiber and cables for communication networks. The electronic mass market follows closely at 26%, driven by glass substrates for LCD televisions, PCs, and laptops. The environmental segment, which includes ceramic substrates and filters for automotive emission control, represents 13% of sales. The life sciences sector contributes 7.1% and focuses on optical biosensors for pharmaceutical research. Other markets, including semiconductor and aerospace solutions, make up 24.3% of sales.

Geographically, the majority of Corning's sales are in Asia/Pacific at 51.5%, followed by the United States at 32.7%, Europe at 11.3%, and other regions at 1.5%.