Feeds

NEC to axe 600 Scottish jobs

4,000 worldwide

  • alert
  • submit to reddit

Security and trust: The backbone of doing business over the internet

NEC is to axe 600 jobs at its Scottish chip plant due to the flaccid DRAM market.

The layoffs, due to take effect by the end of the year, affect around 40 per cent of NEC's workforce at the facility in West Lothian.

NEC also plans to chop monthly production capacity at the plant in half - to 15,000 eight-inch wafers per month by the end of 2001.

The move will speed up NEC's previously announced plans to pull out of the DRAM market.

The job cuts are also part of a wider move at the Japanese chipmaker. Today it said it would reduce its semiconductor workforce by 4,000 worldwide due to "the continued severe global turndown" in the chip market. This will include 2,200 contract staff.

It has also frozen its planned 20 billion yen investment to up production capacity of 8-inch wafers at its Shanghai affiliate, Shanghai Hua Hong NEC Electronics.

Hideto Goto, NEC Semiconductors MD, said he "deeply regretted" the layoffs in Scotland, where the company has operated for 20 years.

"However, the current global semiconductor trading situation is widely considered to be the worst ever encountered by the industry and I see no indication of any real upturn in the foreseeable future," he said.

The company has approximately 150,000 staff worldwide. ®

Related Stories

NEC feels the pain

New hybrid storage solutions

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.