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Home > Company Index > Computer Hardware > Diversified Computer Products > NEC Corporation

NEC Corporation
Nasdaq: NIPNY
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 NEWS FROM THE STANDARD
Competitors See Opportunity in HP-Compaq Deal
Sep 04 2001 09:50 AM PDT

Hitachi to Cut 14,700 Jobs
Aug 31 2001 07:00 AM PDT

Japan's Kyocera to Cut 10,000 Jobs
Aug 30 2001 08:11 AM PDT

Toshiba to Cut 18,800 Jobs
Aug 27 2001 08:01 AM PDT

NEC to Cut Workforce by 4,000
Jul 31 2001 06:04 AM PDT

 PROFILE
NEC has three arms and plenty of muscle. The company's NEC Solutions group makes high-end computers (servers and supercomputers), computer peripherals (monitors and printers), and wrestles with Fujitsu for the top spot among Japanese PC makers. Its NEC Electron Devices division makes electronics ranging from batteries to display modules, and competes with Toshiba for the second spot among semiconductor makers (both companies trail Intel). The company also sells broadband and wireless networking equipment through its NEC Networks group. NEC, which has made the Internet the primary focus of each of its groups, runs one of Japan's largest ISPs (BIGLOBE). Japanese customers account for 75% of sales.

 COMPETITION
Fujitsu Limited (FJTSY)
International Business Machines Corporation (IBM)
Intel Corporation (INTC)

 DEALS
Deal: EFinance Partners With NEC
Date Announced: 03.22.01
Value of transaction (US $Mil): 0
Description: EFinance will provide NEC Leasing Services with their Web-based financing technology that facilitates credit application creation and tracking.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 42,823.50
1-Yr. Sales Growth: (11.6)%
Employees: 154,787
Revenue per employee: $276,660.83

 KEY PEOPLE
• Koji Nishigaki
    CEO

 CONTACT INFO
7-1, Shiba 5-chome, Minato-ku
Tokyo 108-8001, Japan
Phone: 81-3-3454-1111
Fax: 81-3-3798-1510
Online: Web Site

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