SCOTTSDALE, Ariz., August 19 -- Although a number of significant milestones were achieved in 2002, this past year was one of the toughest for those in the microelectromechanical systems (MEMS) industry, according to a report by market research firm In-Stat/MDR. The company said that year over year, revenues grew just 4.4 percent, from $3.8 billion in 2001 to $3.9 billion in 2002, even though unit shipments increased 47.6 percent. However, according to Marlene Bourne, an analyst with In-Stat/MDR, "A number of governments, who believe that this technology of the future cannot be ignored, are...Read full articleRelated content from Photonics MediaArticlesProgrammable Photonic Chips Adapt PICs to Multiple FuturesWhile electronics are perfect for performing fast calculations, photonics are ideal for moving information around. 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