The Wall Street Journal-20080129-Earnings Digest Brief -- Technology- Corning Inc-

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Earnings Digest Brief -- Technology: Corning Inc.

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Corning Inc.'s profit jumped 11% in the latest quarter, helped by strong world-wide demand for LCD televisions and notebook computers. The Corning, N.Y., maker of glass used in LCD computer screens and thin high-definition television sets company hasn't been considered as susceptible to the downturn in the economy as other consumer-products manufacturers. But investors are growing wary that the strong demand for LCD sets may start to wane as more consumers start cutting down on their discretionary spending. Chief Financial Officer James Flaws said Corning hasn't seen "any significant impact from a potential slowing of the U.S. economy other than the slowdown in the trucking industry, which will negatively impact our diesel product sales."