What is the relationship between Bell Labs and Lucent?

Lucent Technology Company (new york Stock Exchange code: LU) is headquartered in Jasmine Hill, New Jersey, USA, and is committed to designing and providing networks for the world's largest communication service provider. Lucent Technology, backed by Bell Laboratories, makes full use of its advantages in mobile, optical, data and voice technologies, as well as software and services to develop the next generation network. The systems, services and software provided by the company are designed to help customers quickly deploy and better manage their networks, while providing new income-generating services for enterprises and consumers.

Bell Laboratories is a world-renowned research and development institution under Lucent, covering 16 countries around the world, and has produced 1 1 Nobel Prize winners since 1937. Since 1925, scientists and researchers at Bell Laboratories have obtained more than 40,000 inventions and more than 30,000 patents, with an average of more than 4 patents per working day, making it one of the richest sources of inventions in the world. What Bell Labs is doing includes redefining the communication potential with the help of the world's first all-optical switch, developing software that can browse online content by telephone, and transmitting data through optical fiber at record speed.

Lucent Technology Company achieved its first quarterly profit since March 2000 in the fourth quarter of fiscal year 2003, with a net income of $99 million, or 2 cents per share. Lucent's sales revenue in fiscal year 2003 was $8.5 billion.

At present, Lucent Technology (China) Co., Ltd. has eight regional offices, two Bell Laboratories, five R&D centers and several joint ventures and wholly-owned enterprises in China, with a total of about 3,000 employees. Lucent China and its joint venture company provide a comprehensive telecommunications system for China and the global market.