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Basic metals production and the making of computer, electronic and optical products drove much of the increase.
The fiber optics equipment maker, Nortel Networks, said it won a contract to supply $1 billion of optical products and professional services to the closely held Aerie Networks Inc. Nortel, based in Canada, will finance as much as half of the purchases.
Manufactures include automobiles, electronics, and optical products.
He spun that investment into Benson Eyecare and optical products that led to Bollé eyewear and Lumen Technologies.
JDS, which provides broadband and optical products to telecom operators and equipment makers like AT&T and Huawei Technologies, said communications test and measurement profit decreased 27percentt.
Factory output was the biggest faller, tumbling 0.7% after a 4.5% slump in computer, electronic and optical products alongside a fall in chemical output.
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But financial analysts say that despite annual revenue of about $2.4 billion from a broad optical product line that includes contact lenses and eye surgery devices as well as lens-care solutions, Bausch is under tremendous financial pressure not to find any problems with MultiPlus.
But Lucent dropped the ball with one key optical product: a hot 10-gigabips switch that uploads data to long-distance optical networks.
Given their head start, Lucent and Nortel have broader optical product lines than Cisco and longer-term relationships with many of the service providers who are buying it.
Tellabs' four new products include a Dense Wave Division Multiplexing WDWMM) optical product for metropolitan networks, a cross connect device that connects optical equipment and two products born out of recent acquisitions.
Lucent came out with an optical product called True Wave Corningg countered with LEAF, currently being used by Level III, IXC iixc and Williams.
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