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Bookham slashes losses and expands output

Still searching for its first ever profit, the company is breaking open manufacturing bottlenecks and investing to try and develop more winning products.

Bookham s losses have tumbled by 70 percent in its fiscal year 2008, thanks largely to the tunable lasers it says are becoming industry favorites.

The year ended June saw the company record a net loss of $23.4 million, compared to an $82.2 million loss the year before.

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