Word: lucent
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Dates: during 2000-2009
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...midst of really tough conditions, and that's what great companies do. For photonic components, we still like Corning. That's going to be a great fiber-optic franchise, particularly because they make a lot of money selling the actual fiber, and one of their chief competitors, Lucent Technologies, is really a mess right now. On the semiconductor side, we've long been fans of PMC-Sierra and Vitesse. On the software side, in addition to liking Veritas, we're also big fans of BEA Systems...
...Jean-Christophe Giroux What it does: Makes active and passive optical components Why it is hot: As one of the few companies that can offer a full range of products, it's catching up to U.S. rivals in market share and is currently bidding $5 billion to buy rival Lucent Technologies' optic fiber unit www.alcatel.com/optronics...
...last week--one focused not on ideology but on gutsy entrepreneurship and pure capitalism. No nukes this time. Instead, the target was technology for an advanced consumer-phone system. Arrested in the incident were a trio of business partners, all Chinese immigrants, including two employed by New Jersey-based Lucent Technologies. They had dreamed of an American shortcut to their country's capitalist road. In an e-mail pitch to Beijing venture capitalists, one of the accused said their company would become "the Cisco of China...
...Lucent, however, and not Cisco that suffered the alleged theft in a case emblematic of a fresh direction in spying. Private companies and individuals were behind more than half the incidents of industrial espionage in 1999, the most recent year for which statistics are available from the National Counterintelligence Center. Chinese commercial spies--not necessarily working for their government--have joined a throng of other agents targeting American know-how, including those from such ostensible U.S. allies as Japan, Israel, France and South Korea...
...Lucent suspects left China to seek academic and monetary success in America, part of an influx of foreign-born scientists and engineers who helped propel the U.S. to R.-and-D. dominance in the 1980s and '90s. Hai Lin, 30, got a Ph.D. from the New Jersey Institute for Technology in 1996, while his future colleague at Lucent, Kai Xu, 33, got a doctorate in 1995 from Rutgers. Both found work through a technology-employment firm that places talented technicians with companies that need their expertise. For two years they worked as "distinguished members" of Lucent's staff, making...