OXFORDSHIRE, U.K., Sept. 11, 2003 (PRIMEZONE) -- Bookham Technology plc (LSE:BHM) (Nasdaq:BKHM), a leading provider of optical components, modules and subsystems for fiber optic communication networks, is pleased to announce the completed execution of a major cost reduction initiative, the consolidation of its two main wafer fab facilities, following the acquisition of the Nortel Networks Optical Components businesses (NNOC). This has been completed four months ahead of the original target.
Bookham Technology plc, September 11, 2003 -- Successful Completion of Wafer Fab Consolidation
| Source: Bookham Technology Plc