What the changes say
- New disclosure highlights execution, regulatory, supply-chain, and demand risks from entering the solar industry.
- Solar profitability may depend on government manufacturing tax incentives and a concentrated customer base may threaten sales and cash flow.
What changed since the prior 10-K
New
- NewRisks Related to Our Business
Risks associated with the launch of a new business
Corning’s solar-industry launch faces execution, regulatory, supply-chain, demand, tax-incentive, policy, and customer-concentration risks that could reduce returns and cash flow.
All 11 risk factors
Headings as the filing states them, in filing order.
Risks Related to Our Business
- 01Risks associated with the launch of a new businessNew
- 02We may not earn a positive return from our research, development and engineering investments
- 03Our innovation model depends on our ability to attract and retain specialized expertise
General Risk Factors
- 04We may have additional tax liabilities
- 05As a global company, we face many risks which could adversely impact our operations and financial results
- 06Corning is exposed to risks associated with a global economy, including government fiscal and monetary policies
- 07We have significant exposure to foreign currency movements
- 08We may have significant exposure to counterparties of our related derivatives portfolio
- 09Current or future litigation or regulatory investigations may harm our financial condition or results of operations
- 10Our global operations are subject to extensive trade and anti-corruption laws and regulations
- 11International trade policies may negatively impact our ability to sell and manufacture our products outside of the U.S
Other Corning 10-Ks
- FY2024 10-K risk factors10 risks
Corning emphasizes risks to its innovation model, including uncertain returns on R&D and dependence on specialized glass, ceramic, and optical expertise.
Filed Feb 13, 2025
About this page
The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.