Corning eyes more buyouts to expand presence

Glass and ceramics maker Corning Inc said on Tuesday that it was open to new investments and acquisitions for growth, amid an economic slowdown in the world's second-largest market.

"Our next five-year plan will be centered on new investments and acquisitions, operations, innovation and talent training," said Li Fang, president and general manager of Corning China.

"We have been looking into possible projects, evaluating them to make sure that they are in line with our overall strategy."