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Corporate Report 2004
 
introduction

Investments

Maintaining investments in research and development

During the past three years we balanced the need to lower costs with investments in research and development (R&D) that enable us to develop the new products crucial to our long-term success. In 2004 we spent $914 million on R&D. About 7 percent of this total was spent at Agilent Laboratories, our central R&D facility, which extended its long track record of vital contributions to new products.

Based on the partnership between Labs and SPG, we introduced an industry-first laser sensor for Logitech’s latest computer mouse that achieved strong market acceptance. LSCA introduced a revolutionary new liquid chromatography product that takes advantage of Agilent’s core competencies in microfluidics, optics and semiconductor materials and that has many potential applications for sample separation and preparation in life sciences research. In our Electronic Products and Solutions Group (EPSG), we introduced a series of oscilloscopes that set new performance standards for engineers who design RF and wireless products and that was named a "2004 Product of the Year" by Electronic Products magazine. We also launched a series of modular, reconfigurable test platforms, or synthetic instruments, that are playing a key role in the evolution of the aerospace and defense industries.

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