Corning, maker of toughened Gorilla Glass for phones, faces EU antitrust probe
The European Union has launched an investigation into Corning, a major U.S. supplier of toughened glass for mobile devices, over potential anti-competitive practices.
MAIN POINTS
- The EU is investigating Corning for potential anti-competitive behavior.
- Corning is a leading supplier of specialty toughened glass for mobile devices.
- The investigation reflects concerns about market practices affecting competition.
- Corning's products are widely used in devices like Apple's.
TAKEAWAYS
- The investigation highlights the EU's focus on maintaining competitive markets.
- Corning's role in the mobile device industry is significant, despite low consumer awareness.
- Potential outcomes could impact the supply chain for tech manufacturers.
- The case underscores the importance of regulatory oversight in global markets.