“Corning says it will plow $180 million of its existing budget into expansion of its new growth businesses — Gorilla glass and thin-film solar glass facility in Kentucky,” Scott Moritz reports for TheStreet.com.

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“The move comes just days after No. 2 executive CFO Jim Flaws said Corning’s Gorilla glass business was on track to quadruple its growth to $1 billion in sales next year,” Moritz reports. “Scratch-resistant, durable, thin, Gorilla glass is a chemically strengthened, compressed display glass used in 200 mobile devices, including Motorola’s Droid X and the Apple iPhone 4.

Moritz reports, “Flaws says Corning dug out and refined an old strong-glass formula and renamed it Gorilla glass.”

Full article here.

MacDailyNews Take: Any glass company with the cojones to hire a spokesman named Flaws is okay with us.