NEC
Electronics Company, Technology Company, and Manufacturing Company
NEC plans $1.5 billion share sale after losses...said it would issue 575 million new shares, boosting its shares outstanding by 26 percent. NEC, which competes with Fujitsu Ltd <6702. T> in telecoms and IT equipment, said it would use some of the funds raised to develop the next... In this article: NEC Corp, Cloud computing, Lithium, Joint venture, Balance sheet, Electric car, Panasonic Corp, Renesas Technology, Sharp Corp, and Mitsubishi UFJ Securities |
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Reuters | November 05, 2009
NEC to raise $1.7 billion in share offer: sources
...batteries for next-generation cars and in cloud computing, the sources said. NEC will be joining a rush of firms tapping resurgent equity markets for funds. Japanese companies have sold $38 billion worth of shares so far this year, an...
In this article: Joint venture, Cloud computing, Lithium, Panasonic Corp, Thomson Reuters, and Sharp Corp
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The Japan Times: All Stories | November 06, 2009
NEC share deals to raise YEN134 billion
NEC share deals to raise YEN134 billion NEC Corp. said Friday it will raise up to YEN134 billion by the end of this month through domestic and overseas new share offerings to shore up its financial base and invest in businesses including...
In this article: NEC Corp., Cloud computing, and Lithium
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Reuters | November 06, 2009
UPDATE 3-NEC plans $1.5 bln share sale after losses
...likely be sold to institutional investors. It will be NEC's first new share issue in six years. NEC, which competes with Fujitsu Ltd <6702. T> in telecoms and IT equipment, said it would use some of the funds raised to develop the next...
In this article: Cloud computing, Hitachi, Lithium, Panasonic, Joint venture, Balance sheet, Electric car, and Semiconductor
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The Register | May 14, 2009
NEC abandons Japan's 'next-gen' supercomputer
...it co-developed with Hitachi under the project and perhaps the optical interconnection technologies that were part of the system design too. NEC expects that the technologies it helped define as part of the Keisoku effort will...
In this article: Hitachi, Fujitsu, Scalar, Japan, Fiscal year, Cloud computing, Cray, and Kobe, Japan
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home.kyodo.co.jp
NEC to raise up to 134 bil. yen via new share offerings
...via new share offerings ◆ NEC to raise up to 134 bil. yen via new share offerings NEC Corp. said Friday it will raise up to 134.0 billion yen by the end of this month through new share offerings in Japan and abroad to shore up its...
In this article: Kyodo, E mail, Cloud computing, Lithium, Japan, Tokyo, and New York
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Description from Wikipedia:
NEC Corporation, a Japanese multinational IT company, has its headquarters in Minato, Tokyo, Japan. NEC, part of the Sumitomo Group, provides information technology (IT) and network solutions to business enterprises, communications services providers and government.
The company used the name Nippon Electric Company, Limited before re-branding in 1983. It still goes by the full name in Japan. As a chip maker, NEC Semiconductors is among the Worldwide Top 20 Semiconductor Sales Leaders.
- Name:
- NEC Corporation
- Type:
- Public TYO: 6701
- Location City:
- Minato, Tokyo
- Location Country:
- Japan
- Founded:
- Minato, Tokyo, Japan (1899)
- Industry:
- Electronics
- Key People:
- Hajime Sasaki, Chairman of the Board; Kaoru Yano, President
- Revenue:
- 4.215 billion Yen (Fiscal year ended March 31, 2009)
- Net Income:
- -296.6 billion Yen (Fiscal year ended March 31, 2009)
- No. of Employees:
- 143,327(Consolidated, as of March 31, 2009)
- Motto:
- Empowered by Innovation
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