John Loose Quotations
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Appetite Quotes
Our investments in capital expansion and ongoing research and development, coupled with recent acquisitions, have positioned Corning as a world leader in optical networking, ... We believe the global appetite for Internet bandwidth and high-speed performance will continue to expand, and our products and technologies will help make that possible.
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Added Quotes
As a result, we added significant capacity and fixed costs to meet expected market demand that has not materialized. We now expect sales this year in the range of $600 million to $700 million for this business, with significantly lower sales of optical amplifiers and other photonic components.