Optical Spending Stabilizes; Growth Expected Through 2006
Dec 2, 2003 — SAN JOSE, Calif., Dec. 2 -- Worldwide optical network hardware revenue hit $2 billion in the third quarter of 2003, a 3 percent decrease from the second quarter, according to Optical Network Hardware, Infonetics Research's quarterly worldwide market share and forecast service. After a decline in 2003, modest growth is projected through 2006, when the market will top $10 billion, the according to the report.
"The optical hardware market is stabilizing," said Michael Howard, principal analyst...