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Riddle of the Day: R&D
By Mark Evans | August 15, 2006
Just a thought but…how come Nortel is still spending close to $1.9-billion a year on R&D when it’s apparently looking to focus on businesses with at least 20% market share. You would think that R&D would be among the areas where CEO Mike Zafirovski’s cost-cutting program would have tackled already.
Topics: Financials, R&D |