Corning makes specialty glass and ceramics used in products ranging from smartphone screens to fiber optic cables to emissions control systems in vehicles. Its Gorilla Glass brand has become the durable cover glass used on the majority of the world's smartphones, a business built on decades of materials science research rather than a single product innovation. Corning's optical communications segment supplies the fiber optic cable that carries data traffic for telecom and cloud infrastructure providers, a business that benefits as internet traffic and data center buildouts keep growing. The company operates across several distinct end markets, from consumer electronics to telecommunications to automotive and life sciences, which diversifies its revenue but also means its results depend on demand cycles across quite different industries at once.