R&D
Next Entries »Nortel’s WiMax Dreams
Monday, January 1st, 2007By now, everyone knows Nortel is counting on WiMax as a key strategic pillar. For more check out an interview with Peter MacKinnon, general manager of Nortel’s WiMAX business unit and chairman of the LG-Nortel joint venture, who said his team lobbied to increase the WiMax-related R&D budget to $50-million a year from $25-million in [...]
Nortel Opens Turkish Centre
Monday, November 6th, 2006Last week, the international story was Nortel’s expanded R&D facilities in China; this week, it’s a new global operations centre of excellence in Turkey that will create 300 jobs. Nortel said the new facilities are part of its efforts to eliminate more than 100 global centers to create a smaller group of centres of excellence. [...]
Nortel Still Canada’s R&D King
Wednesday, October 18th, 2006Once again, Nortel topped Canada’s R&D spending list with $2.25-billion in 2005 even though this was a 12% drop from 2004, according to Research Infosource Inc. This placed it well ahead Bell Canada, which was second with $1.74-billion. Overall, the 100 biggest companies spent $12-billion, a 4.9% increase. “The R&D outlook is optimistic,” Ron Freeman, CEO [...]
Nortel Looks to Expand in India
Monday, September 11th, 2006As part of Nortel’s cost efficiency drive, it is looking to source more R&D from places such as China and India. Nortel is already using more than 1,000 employees of India’s Wipro, which recently celebrated its 15th anniversary working with Nortel on R&D. Wipro now provides Nortel with design, system integration, consulting, software release management and [...]
Nortel Setting Up Shop in India
Thursday, August 24th, 2006As Nortel drives to slash operating costs, it is creating a product design, development and testing centure in Bangalore, India that will employ 100 engineers by the end of the year. The team will work on Ethernet switching, security and VoIP. About 70 of these engineeers will come from Tasman Networks, which Nortel acquired for [...]
Riddle of the Day: R&D
Tuesday, August 15th, 2006Just 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.
Nortel Looking to Unload R&D Lab
Monday, August 14th, 2006Another day, another cost-cutting exercise at Nortel. This time, it wants to lease one of its research labs in Ottawa. Apparently, there has been some interest in the 180,000 sq. foot facility. According to the Ottawa Citizen, Nortel originally planned to sell or lease three of its labs at its Ottawa campus under a “real-estate consolidation program” announced [...]
Nortel’s $1.9B R&D Plans
Sunday, February 26th, 2006There seems to be some confusion about CEO Mike Zafirovski’s promise to reveal Nortel’s $1.9-billion R&D plans this week. The $1.9-billion figure is what Nortel spent in 2004 so he seems to be implying Nortel will maintain R&D spending at the same level, even though the company has talked about having a more effficient structure [...]
Next Entries »