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September 21st, 2004
Surpassing customersí needs: When technology is too good
At the turn of the 21st century, an array of small tech startups sought to satisfy telecomís need for new components. The technology largely delivered what the industry needed to meet burgeoning bandwidth demands.
Then, the economy contracted and telecom system providers stopped buying. In the end, superior technology couldnít overcome the evaporating market, and many firms touting micro and nanoscale solutions dried up in the drought. Today, roughly two dozen of the more than 60 players remain, and about a dozen are selling products.
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