ROCHESTER, N.Y. -- Corning Inc., the world's biggest maker of liquid-crystal-display screens for flat-panel televisions and computers, releases its first-quarter financial results before the stock market opens Wednesday.
WHAT TO WATCH FOR: Whether and how fast LCD glass volume is slowing, plus fresh signs of how swiftly the company's ultra-tough Gorilla cover glass is migrating from handheld and tablet devices to high-end TVs.
Analysts worry that retail demand for LCD TVs featuring Corning ( GLW - news - people )'s LCD glass may not be as strong this year as expected.
While Corning sees glass volume rising about 5 percent in the January-to-March quarter, analysts predict volume could flatten or fall as much as 5 percent in April through June as LCD-TV sales fall.
The specialty glass and ceramics pioneer commands more than 60 percent of the global market in LCD glass, which also is its biggest business by far.
Corning expects the appetite for flat-screen TVs, touch-screen tablets and smart phones to increase industry glass volume from 3.1 billion square feet in 2010 to between 3.6 billion and 3.8 billion square feet this year. The company expects demand to reach 5 billion square feet by 2014.
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