Word: lucent
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Dates: during 2000-2009
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Technology shifts can be wrenching, but it's not as if telcos and their suppliers didn't know that wireless would eventually prevail in telephony. Yet unlike their new and younger rivals, Nortel, Lucent and other wire-line-equipment powers have found it difficult to take market share in next-generation technologies such as Internet telephony and wireless broadband. Recession has served, as it often does, to fast-forward a power struggle that promises to reshape forever how we communicate and consume media...
...failed to repeat that with cable phone and wireless broadband. Nortel continues to make money on CDMA networks, a wireless protocol still used by many providers worldwide. But in 2007 it sold its GSM division, the 3G standard for the most advanced mobile communication, to rival Alcatel-Lucent...
...future is not, however, much brighter at Paris-based Alcatel-Lucent, the largest maker of fixed-line networks. Alcatel merged with Lucent Technologies in 2006 in a move intended to grow market share, but it has since axed from payroll 17,500 employees, including its ousted American CEO, Patricia Russo, in what has turned into a restructuring and cultural nightmare. "There are no bronze medals in the telecom-equipment market," says analyst Duncan Stewart of Toronto-based DSAM Consulting. He says Silicon Valley's Cisco Systems and Sweden's Ericsson have the biggest market share, fattest margins and most cash...
...surprisingly given Beijing's stated policy of encouraging the development of domestic technological innovation, Chinese firms like TCL are set to be the biggest winners in the 3G boom. Foreign telecom-equipment vendors like Nokia-Siemens, Ericsson and Alcatel-Lucent now account for roughly two-thirds of the 2G market. That figure is expected to decline when 3G is fully in place with foreign companies accounting for only about a third. The lion's share of the market will be taken by China's two largest equipment vendors, Huawei and ZTE, which will between them share about half...
...underwater animal’s superior lens system to man-made optics.“It is really stealing the principle from biology,” she says.Aizenberg, a 47-year-old mother of two who emigrated from Russia in 1991, comes here from Bell Laboratories at Lucent Technologies. She will become the McKay professor of materials science, and says the potential to further her multidisciplinary work is what is bringing her back to the academy.“As my research becomes more and more disciplinary, the necessity for cooperation increases, and Harvard would be the best place...