Feeds

NEC in Wham Bam to DRAM

But yes please to PCs

  • alert
  • submit to reddit

Top 10 endpoint backup mistakes

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

A new approach to endpoint data protection

More from The Register

next story
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?