"Our customers are in Taiwan, Korea, Japan and China," Corning vice chairman and finance chief James B. Flaws tells the Times. "We could make the glass here, and then ship it by boat, but that takes 35 days. Or, we could ship it by air, but that's 10 times as expensive."
The company theoretically could make all its glass in the U.S. But that would "require a total overhaul in how the industry is structured," he says. "The consumer electronics business has become an Asian business. As an American, I worry about that, but there's nothing I can do to stop it. Asia has become what the U.S. was for the last 40 years."