| Business Summary | | Agere
Systems,
Inc.
(Agere)
sells
communications
semiconductors,
which
include
both
optoelectronic
components
and
integrated
circuits,
worldwide.
Communications
semiconductors
are
basic
building
blocks
of
electronic
and
photonic
products
and
systems
for
terrestrial
and
submarine,
or
undersea,
communications
networks
and
for
communications
equipment.
Agere
primarily
offers
active
optoelectronic
components
as
opposed
to
passive
components.
Agere
offers
integrated
circuits
for
use
in
a
broad
range
of
communications
networks
and
computer
equipment.
Integrated
circuits
(chips)
are
made
using
semiconductor
wafers
imprinted
with
a
network
of
electronic
components.
The
Company
also
sells
wireless
local
area
networking
products,
which
facilitate
the
transmission
of
data
and
voice
signals
within
a
localized
area
without
cables
or
wires.
The
Company
was
spun
off
from
Lucent
Technologies
Inc.
in
March
2001. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Agere
Systems
is
engaged
in
the
manufacturing
of
optoelectronic
components
and
integrated
circuits.
The
Co.'s
products
are
used
to
transmit,
process,
change,
amplify
and
receive
light
that
carries
data
and
voice
over
optical
networks.
For
the
nine
months
ended
6/30/01,
revenues
rose
8%
to
$3.48
billion.
Net
loss
before
acct.
change
totaled
$1.26
billion,
up
from
$206
million.
Results
reflect
growth
in
the
metro
and
submarine
lines,
offset
by
a
$536
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| John Young, 68 Chairman | -- | -- | John Dickson, 54 Pres,
CEO, Director | $838K | $6.5M | Ahmed Nawaz, 51 Exec.
VP of Sales | 631K | 8.3M | Daniel Dileo, 53 Exec.
VP, Optoelectronics | 643K | -- | Sohail Khan, 46 Exec.
VP, Integrated Circuits | 562K | -- | Dollar
amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|