Shares in two other component makers, much larger Bookham and tiny Alliance Fiber Optic Products, rose 13% and 6%, respectively.

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Eastman Kodak, once a pioneer in traditional film cameras, ended up in bankruptcy after more than a century in business, while Corning keeps on going churning blockbuster products like the fiber optic cable and flat glass.

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"This year at CES, Corning will demonstrate its industry leadership in specialty glass and fiber optic technologies with the introduction of two products designed to enhance and extend the capabilities of consumers' favorite devices, " said Wendell P.

ENGADGET: Corning introduces Gorilla Glass 3, promises ape-sized improvements in durability

" He rattles off consumer products in excess--"autos, fiber optic cable, computers, cell phones, trucks, airplanes, steel, even food.

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