Corning(US:GLW) Zhong Guo Xin Wen Wang·2025-12-01 13:22Core Viewpoint - Corning's commitment to the Chinese market is driven by its strategic investments and technological advancements, aligning with China's industrial development and consumer preferences [1][2]. Group 1: Investment and Development - Corning has established a complete value chain in China, including R&D, manufacturing, and supply chain, since entering the market in 1980 [1]. - The company has invested an additional $500 million in China this year, focusing on areas such as optical communications, AI data centers, automotive glass, and display technology [1][2]. - Corning's first wholly-owned factory in China was established in 2000, and it has since built several advanced production lines, including the first 10.5 generation glass substrate production line in 2015 [1]. Group 2: Market Confidence and Localization - The company expresses confidence in the vitality and potential of the Chinese market, attributing this to the deep localization of its operations [2]. - Corning views China as the only market outside North America where all its business and functional departments are present, reflecting its long-term commitment [2]. - The strengthening of intellectual property protection and consistent policy execution in China has provided a sense of security for foreign enterprises [2]. Group 3: Consumer Trends and Future Outlook - The younger generation in China is reshaping consumer preferences, which influences Corning's R&D direction towards products that enhance quality of life [2]. - Corning aims to continue focusing on cutting-edge fields such as new displays and life sciences, enhancing collaboration with Chinese customers for future innovations [2].