Sycamore feels heat as rivals tap customer

Article Abstract:

Sycamore Networks Inc.'s 2/3rds fall in current quarter revenue may be linked to optical-network competitors wooing Sycamore's main customer, Williams Communications Group. Ciena is especially aggressive as Sycamore awaits parts for its more powerful update of SN16000 optical switch. Corvis Corp. is selling long-distance transport equipment to Williams as well. Sycamore feels that product delays are not going to be a problem, but some industry analysts see a dissatisfaction with their products.

Contracts & orders received, Statistical Data Included, Management, Contracts, CIENA Corp., Contract agreement, WMB, Sycamore Networks Inc., WilTel Communications Group Inc., Deshpande, Gururaj, Smith, Daniel, Broadwing Corp.

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IBM finds method to make faster chips

Article Abstract:

International Business Machines Corp. has developed a way to increase chip speed 35%, while decreasing power consumption, by using a new form of silicon called strained silicon. Strained silicon is made by putting silicon on top of a similar compound with a different atomic structure, silicon-germanium, which makes the silicon atoms react by stretching to try to align themselves with the atoms in the compound.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Computer and Office Equipment, Office & Computing Machines, Semiconductor industry, Innovations, Office equipment, Office equipment and supplies industry, Product development, Office equipment industry, Semiconductor chips, Integrated circuits, Semiconductor device, Electronic components, International Business Machines Corp., IBM

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Lucent is likely to sell fiber unit for less than agreed-upon price

Article Abstract:

Lucent Technologies hopes to sell its fiber optic business to Furukawa Electric, CommScope and Corning for $2.75 billion. Five months ago, analysts thought the asking price would be around $7 billion but the telecommunications equipment industry has taken a nose dive with overcapacity and weak demand. Furukawa is expected to take control of the business with CommScope as a passive investor. The 3 buyers are hoping to cut the price down another 10%

Japan, Asset sales & divestitures, Mergers, acquisitions and divestments, Finance, Investments, Lucent Technologies Inc., Securities, CommScope Inc., CTV, LU, Corning Inc., GLW, Company financing, Furukawa Electric Company Ltd.

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