financetom
Technology
financetom
/
Technology
/
Apple supplier Corning offers to waive exclusive deals in EU antitrust probe
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apple supplier Corning offers to waive exclusive deals in EU antitrust probe
Nov 25, 2024 3:15 AM

Nov 25 (Reuters) - The European Commission on Monday

said U.S. maker of break resisting glass Corning had

offered to waive all exclusive deals with mobile phone

manufactures to address concerns over possible anticompetitive

behaviour.

The EU earlier this month said it started an antitrust

investigation over exclusive supply deals between Corning and

mobile phone makers like Apple ( AAPL ) and raw glass processing

companies that may exclude rival glass producers from large

segments of the market.

Corning sells a break resistant glass used as a cover for

mobile phones, tablets and smart watches under the Gorilla Glass

brand.

As part of its proposed concessions, the company also

pledged to drop purchase requirements made to companies and to

stop offering price advantages conditional on such requirements.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
The AUDUSD price is leaning on the support of its simple moving average- Analysis-02-02-2026
The AUDUSD price is leaning on the support of its simple moving average- Analysis-02-02-2026
Mar 11, 2026
The (AUDUSD) price declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, reaching minor bullish trend line on short-term basis, accompanied by its leaning on EMA50s support amid the attempts of looking for higher low to use it as a base that might help it to gain the required bullish momentum to recover...
The USDCHF Price is showing new negative signals- Analysis-02-02-2026
The USDCHF Price is showing new negative signals- Analysis-02-02-2026
Mar 11, 2026
The (USDCHF) price settles on gains in its last intraday trading, to test 0.7725 key resistance, accompanied by testing minor bearish trend line on short-term basis, amid the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery on near-term basis, with the emergence of negative overlapping signals from relative strength indicators,...
NZDUSD begins its recovery-Analysis-02-02-2026
NZDUSD begins its recovery-Analysis-02-02-2026
Mar 11, 2026
The (NZDUSD) price rose in its last trading on intraday levels, after bearish corrective journey to look for higher low to use it as a base that helped it to gain the bullish momentum that supported it to achieve the last gains amid the continuation of dynamic support that is represented by its trading above EMA50, reinforcing the stability and...
NetDragon Leads Government-Backed AI Push to Build Thailand's Future Workforce
NetDragon Leads Government-Backed AI Push to Build Thailand's Future Workforce
Mar 11, 2026
HONG KONG, Feb. 1, 2026 /PRNewswire/ -- NetDragon Websoft Holdings Limited (NetDragon or the Company; Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that, together with its subsidiary, EDA (Thailand), it has joined forces to drive a government-backed AI initiative aimed at building Thailand's future-ready workforce by linking education, skills development, and productivity through...
Copyright 2023-2026 - www.financetom.com All Rights Reserved