Article Abstract:
Siemens AG has initiated a program aimed at developing products faster and more cost-efficiently, while maintaining a close link with customer needs and market trends. The program, called time-optimized processes, encourages Siemens researchers to adopt a more product-oriented approach to research and development and emphasizes collaboration and globalization. The initiative is a result of the growing competition in the electronics industry and the increasing value of the Deutsche mark against the US dollar.
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Article Abstract:
Alacatel Alsthom, a French high-tech firm, is redirecting its strategic research and development thrust towards software and services. The firm, which chose to make telecommunications its core business in the early part of 1998, has focused its activities on two core groups, namely telecommunication equipment and services and cable systems and electrical/electronic components. The move was made after the firm posted its largest-ever loss which amounted to $4.5 billion.
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Article Abstract:
The increased competition in the telecommunications industry is forcing many telecommunication firms to engage in collaborative research and development activities with their rivals. These firms, which include Bell Atlantic, US West and Pacific Telesis, have also underwent significant organizational changes which include spinoffs and sale of non-performing assets. Such tactics are aimed at improving industrial competitiveness and expanding market share.
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