Business / Corporate Oct 6, 2021
NEC plans overseas acquisitions in drive for 70% profit growth
by Pavel Alpeyev and Yuki Furukawa
The focus of acquisitions will be the United States and Europe, while expansion in Asia can come from organic growth, Chief Executive Officer Takayuki Morita has said.
Business / Corporate Jul 20, 2021
More companies pull out of Tokyo Olympics opening ceremony
by Takashi Nakamichi and Yuki Furukawa
Senior officials from Nippon Telegraph & Telephone Corp., Fujitsu Ltd. and NEC Corp. will skip the event, spokespeople said.
National Jun 11, 2021
Minister admits coercing Olympics app developers into cutting costs
Takuya Hirai was reported to have told senior officials overseeing the project that they "would be better off threatening" the joint venture developing the app to achieve cost reductions.
Business Jan 7, 2021
Masks no obstacle for new facial recognition system from Japan's NEC
by Chris Gallagher
The firm had been working on a system to meet the needs of allergy sufferers who wear masks when the COVID-19 pandemic prompted it to accelerate development.
Business / Tech Dec 21, 2020
Japanese firms explore quantum cryptography to make stock trading secure
Toshiba Corp., NEC Corp. and Nomura Holdings Inc., among others, expect to put the technology into use in stock trading within several years.
Business | FOCUS Dec 11, 2020
U.S. crackdown on Huawei hands Japan a 5G lifeline
by Gearoid Reidy and Ayaka Maki
With U.S. partners seeking out suppliers from friendlier nations, vendors in the close U.S. ally suddenly seem a lot more attractive to carriers around the world upgrading their networks.
Business / Corporate Oct 26, 2020
Japan's NEC to support development of 5G networks in the U.K.
The move came after London said it will bar the use of Huawei equipment from its high-speed network infrastructure due to security concerns.
Business / Corporate Oct 5, 2020
NEC Corp. said Monday it will acquire Swiss financial software vendor Avaloq Group AG for 2.05 billion Swiss francs (¥236 billion) by April to strengthen its global financial services reach. The information technology giant hopes to add Avaloq's leading digital banking solutions to its own ...
Business / Corporate Jul 28, 2020
NEC and JTB tie up to offer empty hotel rooms to teleworkers
With workers being encouraged to avoid commuting and gathering together, it's hoped accommodation can be repurposed into makeshift offices and workspaces.