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Quake disrupts Corning glass plant in Japan
ROCHESTER, N.Y. (AP) — Corning Inc. says its output of liquid-crystal-display glass will be lower than expected in the current quarter after an earthquake halted glassmaking operations at its plant in Japan.
The company says production at its factory in Shizuoka will remain suspended "for some time" and will reduce sales by an estimated $65 million in the July-September quarter.
Shizuoka, southwest of Tokyo, was the area hardest hit by the deadly quake.
Corning says volume at its wholly owned glass business will drop 5 percent to 10 percent compared with the second quarter. It had expected third-quarter shipments to be flat or up slightly.
The ultra-thin glass is used in flat-screen televisions, computers, digital phones and other electronic products.