Feeds

NEC in Wham Bam to DRAM

But yes please to PCs

  • alert
  • submit to reddit

3 Big data security analytics techniques

NEC Corp today reported profit up five-fold for the year, but said it would axe most of its DRAM production.

Group net income grew to $463m on sales up 8.4 per cent to around $44bn for the year to March 31.

But the company had a hard time in the second half of the year in the chip, PC and LCD markets. NEC said it had decided to end all DRAM production except in its Hiroshima plant, which makes DRAM for Elpida Memory.

Plants in Scotland and California will switch efforts to higher margin large-scale integration (LSI) chips. Earlier this month the company warned it would lay off around 700 staff at its California plant and move away from DRAM production.

NEC also plans to ditch LCD production for notebooks, and will instead push efforts into either making smaller panels for mobile phones or larger panels for high-resolution monitors. It will outsource notebook LCD manufacturing to Taiwan's Chi Mei Optoelectronics Corp.

And it aims to sell its laser printing business to Fuji Xerox, and hopes to have this part of the company shifted by August.

But it is not planning to abandon its PC business - it aims to save cash by merging four divisions involved in PC development and manufacturing into a new company called DMS (Design Engineering, Manufacturing and Service). ®

Related Stories

So when will NEC stop making PCs?
NEC gets DRAM jitters

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.