#康宁、#GLW’s three core advantages

1. Material science “root technology”: Has core technologies accumulated over a century, such as glass, ceramics, etc., especially exclusive processes like the “melt-draw method” that create a very high patent barrier, making it hard for peers to replicate.
2. Deeply embedded “major customer” relationship: Forms a “symbiotic” relationship with industry giants such as BOE and Apple, embeds into customers’ supply chains through ways like “constructing plants nearby,” has extremely high replacement costs, and very strong order stickiness.
3. Scale economies “cost king”: Holds more than half of the global market share in areas such as display glass substrates; relies on massive production capacity to spread costs, while also laying out upstream and downstream to achieve optimal cost control.
Trading suggestion:
Buy the dip around 170! This is the price at which Nvidia invested in Corning, and it’s a strong support zone during the pullback