Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-11-06 15:03:28| Engadget

US-based glass manufacturer Corning is the company behind Gorilla Glass, a break-resistant glass used to protect screens thats used on essentially all of the most popular smartphones. Today, the European Commission announced an investigation into Corning for anti-competitive practices, alleging that the glassmaker is preventing competition through exclusive supply agreements. According to the press release, Corning requires mobile phone manufacturers to source all or nearly all of their alkali-AS glass from it, and it also grants rebates to these companies if they do so. Additionally, these phone makers must tell Corning if they receive competitive offers from other glass manufacturers. They arent allowed to accept these offers unless Corning cannot match or beat the price. Similarly, Corning has agreements with companies that process raw glass, forcing them to get all or most of their alkali-AS glass from Corning. They also arent allowed to challenge Corning patents. These charges reinforce how aggressive Corning is in defending its dominant position in the smartphone glass screen market. The latest Apple and Android devices, like the Google Pixel 9, usually have Gorilla Glass screens, as theyre scratch-resistant and prevent cracking or breaking. While not indestructible, the glass does hold up well against damage. However, Cornings market dominance coupled with these practices are enough to get the EUs attention.This article originally appeared on Engadget at https://www.engadget.com/mobile/the-eu-is-looking-into-corning-for-alleged-anti-competitive-practices-140328416.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

14.07Open Hotels reimagines budget stays with AI management and virtual staff
11.07AI Update, July 11, 2025: AI News and Views From the Past Two Weeks
10.07SEO Principles: A Guide for Beginners [Infographic]
10.07How Persona-Driven AI Is Reshaping Brand Engagement and Audience Research
10.07AI-Driven ABM: Scaling Precision and Impact for B2B Growth
10.07Faroe Islands tackle overtourism with mystery road trips
09.07Tin Can brings back the landline to keep kids connected, not hooked
09.07What Influencers Want From Brand Partners
Marketing and Advertising »

All news

14.07Mid-Day Market Internals
14.07Tomorrow's Earnings/Economic Releases of Note; Market Movers
14.07Bull Radar
14.07Bear Radar
14.07HUD Chicago office taking on more public housing authority oversight as staff dwindles regionally, nationally
14.07This Minnesota recycled aluminum plant will help stem tariff costs
14.07Trump threatens Russia with tariffs while unveiling new Ukraine weapons plan
14.07Housing market watch: Would taking Freddie Mac and Fannie Mae public drive up mortgage rates in 2026?
More »
Privacy policy . Copyright . Contact form .