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Apple supplier Corning faces EU antitrust probe over exclusive supply deals with phone makers

  • Corning, the Apple supplier responsible for providing the glass for every generation of iPhone, is facing an antitrust probe by the EU.
  • The investigation focuses on exclusive supply deals with mobile phone makers and raw glass processing companies that could exclude rival glass producers from the market.
  • The EU is looking into whether Corning abused its dominant position in the global market for glass used in mobile phones.
  • Corning may offer concessions to address the EU's concerns, potentially avoiding a hefty fine if found guilty of breaching antitrust rules.

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