Demand for 75-Inch TVs Grew More Than 60% in 2020, Says Corning CEO
Retail demand for large-screen TVs “continues to grow,” with 75-inch set sales up more than 60% for full-year 2020, said Corning CEO Wendell Weeks on a Q4 investor call Wednesday. Corning’s Gen 10.5 glass plants in China, including the two…
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newest Gen 10.5 facilities in Wuhan and Guangzhou, are optimized for 65- and 75-inch TVs, he said. Both plants “are now expanding production to meet customer demand,” he said. “Ramping these sites has been no small feat in the midst of a pandemic.” Corning engineering teams “rose to a host of unprecedented challenges to start-up tanks in both facilities,” he said.