Wire flash
Corning Announces Global Price Hike of Over 15%, Glass Substrate Stocks Rally
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Glass substrate concept stocks experienced a surge amid market volatility on September 17, with Woge Optoelectronics hitting its daily limit up. Other stocks including Lino Packaging, BOE Technology Group (BOE A), Rainbow Shares, and Red Star Development also followed with gains. The rally was triggered by a news announcement from Corning on September 11, stating that due to exchange rate and inflation factors, the company will implement a global price adjustment of 15% or more for display glass substrate products priced in Japanese yen, effective from the fourth quarter of 2026.
Source report
Cailian Press, September 17 — Glass substrate concept stocks surged amid market volatility, with Woge Optoelectronics hitting its daily limit up. Other notable gainers included Lino Packaging, BOE Technology Group (BOE A), Rainbow Shares, and Red Star Development.
Key News Driver
On September 11, Corning announced a global price adjustment for its display glass substrate products. Key details include:
- Reason for adjustment: Exchange rate fluctuations and inflation factors
- Scope: Products priced in Japanese yen
- Price increase: 15% or more
- Effective date: Fourth quarter of 2026
Source
财联社Eastern
Part of this Story
Corning’s 15% Glass Substrate Price Hike Drives Chinese Display Stocks to Surge