Corning in China
Our Vision in China
Corning has a vision of operating as a truly global, innovation-driven company with facilities in China up to the best world-class standards. As a faithful corporate citizen in China, we are dedicated to promoting the domestic economy and contributing to the development of the local industry. We believe that as a result of China' s entering the WTO, the automotive market will be more active and the industry' s growth will accelerate. In the next few years, cars will become a necessity for Chinese people rather than a status symbol as they are now. The growth in car ownership will make China the world' s most promising and important market for automotive products. Having proven success in the same segment in the U.S., Europe, and other markets, Corning is fully ready to capture the opportunities provided by this booming market.
Similar growth is expected in optical communications in China. The increase in demand for broadband access is already driving growth in the telecoms network. Growth in PC ownership in China is also creating strong opportunities for LCD products.
Our History in China
Corning' s cooperation with China dates back to the early 1980s, when the company was involved in a number of technology projects and equity ventures that provided China' s high-technology companies with the capability to manufacture optically pure, mechanically precise glass, using world-class technology. Installed widely in China throughout the 1980s, Corning' s TV tube production technology helped create the age of affordable TV ownership in the country.
Corning' s other inventions are bringing life-changing innovation to China right now. Our innovative optical fibers form the backbone of China' s national, fiber-optic grid and are now used to build the provincial and metropolitan networks.
In China, Corning has a higher concentration of facilities, plants, and people than in any other part in the Asia Pacific region. Our bright, long-term outlook is based on the natural alignment of China's major growth areas with Corning' s own products:
- Telecommunications – Corning' s optical communications businesses (fiber, cable, hardware and equipment) as well as specialty fibers
- Automobiles – Corning' s environmental technologies
- Televisions and personal computers – Corning' s advanced display technologies and projection displays products
Our Businesses in China
As of today, Corning has invested more than $3 billion in the Chinese mainland and Taiwan. Business operations include:
- Corning China Headquarters in Shanghai and its sales/services offices in Beijing, Shanghai, Shenzhen, and Taipei
- Corning Environmental Technologies' facility: Corning (Shanghai) Co., Ltd. – Shanghai (wholly owned)
- Corning Cable Systems' facility: Corning Cable Systems (Shanghai) Co., Ltd. – Shanghai (wholly owned)
- Corning Optical Fiber's facility: Corning (Shanghai) Fiber Optics Co., Ltd. – Shanghai (wholly owned)
- Corning Display Technologies' facility: Corning Display Technologies (China) Co., Ltd. – Beijing (wholly owned)
- Corning Cable Systems' facility: Beijing CCS Optical Fiber Cable Co., Ltd. – Beijing (equity venture)
- Corning Cable Systems' facility: Chengdu CCS Optical Fiber Cable Co., Ltd. – Chengdu (equity venture)
- Corning Environmental Technologies' facility: Corning Display Technologies Taiwan – Tainan Plant (wholly owned)
- Corning Environmental Technologies' facility: Corning Display Technologies Taiwan – Taichung Plant (wholly owned)
Corning employs more than 3,000 people throughout the region.