Feeds

NEC gives up on global PC sales

Stuff this, we're going home

Intelligent flash storage arrays

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. ®

Security for virtualized datacentres

More from The Register

next story
PEAK APPLE: iOS 8 is least popular Cupertino mobile OS in all of HUMAN HISTORY
'Nerd release' finally staggers past 50 per cent adoption
Tim Cook: The classic iPod HAD TO DIE, and this is WHY
Apple, er, couldn’t get parts for HDD models
Apple spent just ONE DOLLAR beefing up the latest iPad Air 2
New iPads look a lot like the old one. There's a reason for that
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Microsoft fitness bands slapped on wrists: All YOUR HEALTH DATA are BELONG TO US
Wearable will deliver 'actionable insights for healthier living'
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Caterham Seven 160 review: The Raspberry Pi of motoring
Back to driving's basics with a joyously legal high
Back to the ... drawing board: 'Hoverboard' will disappoint Marty McFly wannabes
Buzzing board (and some future apps) leave a lot to be desired
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
The Heartbleed Bug: how to protect your business with Symantec
What happens when the next Heartbleed (or worse) comes along, and what can you do to weather another chapter in an all-too-familiar string of debilitating attacks?