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NEC Will Cut More Than 20,000 Workers, Forecasts Loss (Update2)
NEC Will Cut More Than 20,000 Workers, Forecasts Loss (Update2)
Jan. 30 (Bloomberg) -- NEC Corp. , Japan’s largest personal- computer maker, will eliminate more than 20,000 employees in the largest job cut in Japan since the world went into recession. About half the cuts, targeted for completion by March 2010, will come from full-time workers, NEC President ...
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 To Cut More Than 20,000 Jobs; Hitachi May Cut 7,000
BARRONS.com: Tech Trader Daily — The job losses  in the technology sector are spreading to Japan. Japan’s NEC Corp. (NIPNF.PK) today said it will cut more than 20,000 jobs, about half them full positions, Bloomberg reports. NEC President Kaoru Yano made the announcement at a briefing in Tokyo. NEC, Japan’s largest computer maker, said most of the cuts will come from its chip, electronic component and LCD display divisions. About 60% of the cuts will be outside Japan. NEC said it expects to post a loss for the March 2009 fiscal year of about 290 million yen, or about $3.2 billion, down from its previous projection of a profit of 15 ...

NEC ‘Ya …
Digital Daily — If there’s an award to be given for most layoffs handed out by a technology company in a recession, NEC may have just won it. This morning the Japanese electronics giant said Friday it will sack at least 20,000 workers world-wide as it struggles to shore up its business amid the worsening econalypse. Most of the cuts will come from NEC’s chip, electronic component and LCD display divisions, with 40 percent being made in Japan and the rest overseas. “We are aiming for 20,000 or more,” NEC president Kaoru Yano told a press conference today. “It is regrettable that we have to announce such a big ...

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NEC to lay off 20,000 as economy bitesLatest from Computerworld 1/30/2009
NEC in Japan plans to lay off 20,000 workers, close factories and withdraw from some business areas as a result of the poor economic conditions.
Top Japanese Chip Makers Studying MergerInformationWeek - All Stories And Blogs 1/30/2009
Toshiba Corp is in talks to merge part of its chip operations with NEC Corp's semiconductor unit, a source said, as a sharp global slowdown forces Japanese chip makers to cut jobs and try to band together.
NEC's loss widens, plans to cut 20,000 workersSFGate: Technology 1/30/2009
Electronics giant NEC Corp. said it will cut 20,000 workers worldwide to stanch mounting losses, joining a slew of other Japanese corporate heavyweights who are slashing jobs to survive the deepening global downturn. NEC's net loss for ...
NEC to axe 20,000The Register 1/30/2009
The meltdown is turning Japanese NEC joined the parade of tech firms announcing sinking profits, downsized forecasts, and shinking workforces when the company today released financial results for its most recent quarter.… Free Download - CRM: ...