Conexant names new board member

Conexant said Thursday that AT&T Chief Technology Officer Hossein Eslambolchi has been elected to a newly established seat on the communications chipmaker's board. Eslambolchi has accumulated 90 patents in his 16-year career at AT&T, where he has held positions at Bell Laboratories and at AT&T's network services division. As CTO, Eslambolchi is responsible for the overall strategy of AT&T's research and development projects, and serves as president of Bell Labs. Conexant makes chips for cable set-top boxes, cell phones, modems and digital video equipment. The company, like the rest of the chip industry, experienced some turbulence during the past few months. Conexant reported total revenue of $1.1 billion for fiscal 2001, compared with $2.1 billion in revenue the previous year.