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How will smartphone manufacturers react to the EU's findings on Corning by mid-2025?
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Resolution / Starting Odds
Continue partnerships • 25%
Modify agreements • 25%
Seek new suppliers • 25%
No comment • 25%
Statements from smartphone manufacturers or industry news reports
Story
EU Launches Antitrust Investigation into Corning's Gorilla Glass and Exclusive Supply Deals
Nov 6, 2024, 01:24 PM
The European Union has launched an antitrust investigation into Corning, a leading manufacturer of toughened Gorilla Glass used in smartphones. The probe centers on allegations that Corning has abused its market dominance by entering into exclusive supply deals with mobile phone makers and glass processing companies, potentially squeezing out rival manufacturers. The EU Commission is concerned that these practices may violate competition rules, particularly in the market for alkali-aluminosilicate glass, which is commonly used in smartphone screens. Antitrust regulators are examining whether Corning's actions are anti-competitive and could significantly impact the competitive landscape in the smartphone industry.
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No fines imposed • 25%
Fines under €100 million • 25%
Fines between €100 million and €500 million • 25%
Fines over €500 million • 25%
0-5 new manufacturers • 25%
6-10 new manufacturers • 25%
11-15 new manufacturers • 25%
More than 15 new manufacturers • 25%
Market share increases • 25%
Market share remains stable • 25%
Market share decreases • 25%
Market share data not available • 25%
Implement stricter supply chain audits • 25%
Publicly deny allegations • 25%
Increase transparency reports • 25%
No significant action • 25%
Implement similar measures • 25%
No change in policies • 25%
Criticize Australian decision • 25%
Unclear or mixed reactions • 25%
Brands counter-sue X • 25%
Brands settle with X • 25%
Brands deny allegations • 25%
Brands remain silent • 25%
Increase in sales • 25%
Decrease in sales • 25%
No significant change • 25%
Other • 25%
Samsung • 25%
Google • 25%
Huawei • 25%
Other • 25%
Reduce prices • 25%
Enhance services • 25%
No changes • 25%
Legal appeal • 25%