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July 1st, 2005
A few microsystems suppliers will survive telecom's bust
Marlene Bourne: Five years ago companies developing MEMS-based solutions for use in optical networking appeared to be on the road to riches. Over the next 18 months, a few – a very few – may finally reach the entrance ramp.
There's a possible lesson here for those in the nanotechnology industry, which is this: No matter how great the need or how good the solution, unforeseen market forces can often seriously delay (or completely derail) even the most promising of products and applications.
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