We propose a novel method to reduce laser chirp and improve modulation performance in semiconductor laser by using dual-electrode structure. Dual-electrode structure is realized by segmenting a electrode on top of gain medium, as was the case of edge emitting laser diode, into electrically isolated two electrodes. By using the proposed structure, we have experimentally achieved a reduction of laser spectral width of 0.23 nm and an improvement of 2.5-dB receiver sensitivity at an 80-km fiber transmission for 10-Gbps NRZ (non-return-to zero) data stream.