UPDATED 10:45 AM EST, January 29, 2013
CORNING, N.Y. (AP) — Revenue surged at Corning during the fourth quarter on strong demand for its Gorilla Glass, which is used in many smartphones and computer tablets.
Sales in the company's specialty materials division, which makes the glass, surged 68 percent in the final months of the year, and 10 percent above the previous quarter.
Shares of the company, based in Corning, N.Y., rose more than 1 percent in premarket trading.
Fourth-quarter net income fell 42 percent on restructuring costs and other charges.
