Feeds

NEC feels the pain

DRAM dropped in Scotland

  • alert
  • submit to reddit

Internet Security Threat Report 2014

NEC has said its Q1 profits have plummeted 72 per cent due to falling chip demand and flat panel display price drops. It has posted net income of 800 million yen ($6.46 million), down sharply from 3 billion yen ($20 million) posted a year earlier.

But sales were up 6 per cent to 1.12 trillion yen ($9 billion).

The company has decided to stop making DRAMs in Scotland. The move is likely to mean it chops half of its 1,500 staff there.

And the DRAM doldrums mean Q2 is not going to be any better and for the first half year, ending 30 September, NEC is expecting net income of 3 billion yen ($20 million). This is well down on the 15 billion yen it predicted earlier in the year.

Revenues are expected to hit 2.6 trillion yen, down from 2.7 trillion yen. ®

Secure remote control for conventional and virtual desktops

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.