Its “optically non-static captivating pigment” is now being used in some-more than a dozen countries, a new product that JDSU hopes will expostulate expansion this year.
The Santa Rosa multiplication posted sales of $53.7 million for a second entertain finished Dec. 31, down reduction than 2 percent from a same duration a year ago, a association pronounced Wednesday.
The section saw weaker direct final entertain for a gesticulate approval and remuneration label confidence products, JDSU said. But next-generation record should enhance a banking insurance business, a association said.
More than 100 countries — including a United States — use JDSU’s color-shifting pigments to imitation their currencies. The record creates it easy to brand legitimate banking and discourages counterfeiting, a association said.
Its newest copy routine facilities a captivating member that creates banking even harder for counterfeiters to duplicate, according to Roy Bie, who heads JDSU’s Advanced Optical Technologies group.
“Our business are always seeking for some-more sophistication in a pattern in sequence to stay in front of them,” Bie told Wall Street investment analysts during a discussion late final year.
“There are 14 countries now that have banking redesigns regulating this new technology, and all of a majors are holding a demeanour during it right now,” he said.
Over a subsequent year, JDSU will enhance prolongation of a new pigments, a association said. It has about 500 employees in Santa Rosa.
JDSU’s color-shifting pigments also are used for emblem in consumer products, including clothing, sporting goods, wiring and autos.
Companywide, JDSU posted sales of $413 million in a second quarter, down 13.4 percent from a same duration a year ago. The Milpitas-based association mislaid $10.2 million final quarter.
But JDSU achieved improved than analysts approaching after flooding in Thailand final year temporarily halted production of some of a products.
Shares rose roughly 6 percent to $13.91 in after-hours trade on a Nasdaq exchange.
Article source: http://www.pressdemocrat.com/article/20120201/BUSINESS/120209955/1339/business?Title=JDSU-hopes-new-products-will-reverse-decline-in-sales