Feeds

NEC gives up on global PC sales

Stuff this, we're going home

Internet Security Threat Report 2014

NEC Corp declared over the weekend its intention to retreat from the PC market in the Asia-Pacific region and concentrate solely on domestic sales in Japan, following the firm’s decision to quit the computer biz in EMEA last month.

The ailing tech vendor warned it would report a net loss of 290bn yen ($2.96bn) for its fiscal year, which ends tomorrow (31 March).

In January NEC, which is the biggest PC maker in Japan, said it would axe 20,000 employees worldwide after it was forced to revise down its forecasts after posting bruising third quarter results.

Last month the vendor confessed it was pulling out of the cut-throat notebook and PC business in Europe, the Middle East and Africa due to a big fall in demand.

NEC sold its European retail computer biz – Packard Bell – to eMachines co-founder Lap Shun Hui for an undisclosed sum in 2006. A year later Acer gobbled up the brand after it acquired Packard Bell’s parent company Gateway.

Since then NEC has struggled to compete for sales outside of Japan against the likes of Acer, HP and Dell, in what has become an increasingly squeezed marketplace.

Just last week the Chinese PC manufacturer Lenovo, in a similar strategic move to NEC, confirmed it was effectively retreating from EMEA by splitting its business units in two, as it scrambles for more sales at home and in emerging markets. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Will.i.am gets CUFFED as he announces his new wristjob, the PULS
It's got four KILOWATTS of something, apparently
Don't wait for that big iPad, order a NEXUS 9 instead, industry little bird says
Google said to debut next big slab, Android L ahead of Apple event
Netscape Navigator - the browser that started it all - turns 20
It was 20 years ago today, Marc Andreeesen taught the band to play
A drone of one's own: Reg buyers' guide for UAV fanciers
Hardware: Check. Software: Huh? Licence: Licence...?
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Jaguar Sportbrake: The chicken tikka masala of van-sized posh cars
Indian-owned Jag's latest offering curries favour with us
The Apple launch AS IT HAPPENED: Totally SERIOUS coverage, not for haters
Fandroids, Windows Phone fringe-oids – you wouldn't understand
Here's your chance to buy an ancient, working APPLE ONE
Warning: Likely to cost a lot even for a Mac
Is living with Dolby Atmos worth the faff?
Subtle, naturalistic ambiance – perfect for Transformers 4
prev story

Whitepapers

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.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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.
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?
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.