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NEC's loss widens, plans to cut 20,000 workers
NEC will cut 20,000 workers, joining a slew of other Japanese corporate heavyweights who are slashing jobs to survive the deepening global downturn. NEC's net loss for October-December swelled to 130 billion yen ($1.46 billion) from 5.2 billion yen a year earlier as the global slump hit ...
Report: Pioneer Exiting TV Business, Spinning Off DVD
Report: Pioneer Exiting TV Business, Spinning Off DVD
gearlog.com — A report in the Nikkei Japanese business journal Friday claims that "Pioneer Corp. will pull the plug... on its loss-ridden television business and shift its DVD player operations to a new venture with Sharp Corp. in a sweeping overhaul," according ... (more) Report: Pioneer Exiting TV Business, Spinning Off DVD
NEC Electronics Sharpens Image Quality with Super-Resolution ASSP | NEC Electronics America - ...
am.necel.com — Company Unveils Plans to Proliferate Single-Frame Super-Resolution Technology KAWASAKI, Japan, SANTA CLARA, Calif., DUESSELDORF, Germany,February 4, 2009... NEC Electronics today introduced a new application-specific standard product (ASSP) to address ... (more) NEC Electronics Sharpens Image Quality with ...
NEC shows camera chip that supports 12MP images and 1080p HD video
MobileBurn.com — Today NEC Electronics announced the coming availability of a new camera chip called the CE143 that will... support 12 megapixel still images and full 1080p HD quality video. Read the full story here. (more) NEC shows camera chip that supports 12MP images and ...
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NEC cutting 20k employees, 20,000
CrunchGear —  There isn’t a day that passes that CE companies don’t announce layoffs. NEC’s expected cuts are some of the largest yet though with plans to eliminate 20,000 employees. That would result in the company firing nearly 7% of its worldwide work force just to “convert to a more muscular profit structure.” The overall goal is to return the company to a more profitable state - or something PR-ish like that. After all these cuts are done, is anyone going to be employed?

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