During a recent visit to Taiwan, Corning's President, Clark Kinlin, said that the company would continue to expand procurement from Taiwan and seek co-operative partners through mergers or strategic alliances. Recognising strong potential in Taiwan's fibre-optic telecom and opto-electronic industries, Kinlin said that the company had recently spent around US$7bn acquiring fibre-optic telecom makers worldwide. In order to cut costs and meet the demand from newly developed products, Kinlin said that Corning would expand its ties with makers in Taiwan and mainland China. For the past three decades, Corning has helped Taiwan become the world's largest OEM supplier of optical lenses for glasses, and has also been a major supplier of applied materials to local producers in the opto-electronics, semiconductor, and opto-telecom fields in recent years.
