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PI Physik Instrumente - Microscope Stages LB ROS 11/24

Lucent Official: Automate to Survive

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Terrence K. O'Brien

BREINIGSVILLE, Pa. -- About one-third of the companies in the $6.4 billion optoelectronics market are likely to be out of business within the next three years, despite an expected 15 to 20 percent annual growth rate in the marketplace, predicts John Pilitsis, vice president of Lucent Technologies' Microelectronics Group. That's why his company is aggressively moving to automate its operations to ensure that it is among those still standing. Fierce competition to deliver less costly products will spark a major shakeout in the lucrative optoelectronics market over the next three to five years,...Read full article

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