Corning (GLW.N) forecast second-quarter revenue below Wall Street estimates on Tuesday, as weakness in the consumer electronics market continues to pressure business ​despite strong demand for data center products.

Shares of the ‌Gorilla Glass maker fell more than 10% in premarket trading.

Slower replacement cycles for electronics and cautious consumer spending amid persistent economic uncertainty have pressured Corning's business, ​offsetting gains in its optical communications segment.

For the second quarter ​ending June 30, the company expects core sales of ⁠about $4.6 billion, below analysts' average estimate of $4.63 billion, according ​to data compiled by LSEG.

Corning, a key supplier to Apple (AAPL.O), ​has been hurt by softer global smartphone demand, which has weighed on volumes for its specialty glass products, particularly in display technologies.

Net sales in ​the glass innovations segment, which includes display and specialty ​materials, rose 1% to $1.42 billion in the first quarter ended March 31.

Corning also ‌continues ⁠to benefit from increased investment in data centers, which is boosting demand for its fiber‑optic products.

Its optical communications division, which includes fiber-optic cables, hardware and connectors, recorded net sales of $1.85 ​billion in the ​first quarter, ⁠beating estimates of $1.7 billion.

Corning also said it has signed long-term agreements with two hyperscalers. Like the $6 ​billion Meta deal it announced in January, ​the partnerships ⁠are aimed at meeting the connectivity demands of high-capacity data centers.

The company's core sales in the first quarter stood at $4.35 ⁠billion, beating ​estimates of $4.26 billion. Adjusted profit came in ​at 70 cents per share, compared with estimates of 69 cents.