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nec corp (6701) Details

NEC Corporation provides social and IT solutions worldwide. The company offers systems integration services, such as systems implementation and consulting services; maintenance and support services; outsourcing/cloud services; and system equipment to government, public, healthcare, finance, media, manufacturing, retail, and services sectors. It also provides network infrastructure, such as backbone network systems comprising optical transmission systems, submarine cable systems, and routers/switches; and access network systems, including wireless broadband access systems, PASOLINK mobile backhaul systems, and FTTx broadband access systems to telecom carriers. In addition, the company offers services and management for telecom operations and management solutions, network operation support systems, business support systems, network control platform systems, and network service delivery platform systems. Further, it provides hardware products, such as servers, mainframes, supercomputers, storage products, business PCs, tablet devices, POS, ATMs, control equipment, wireless LAN routers, displays, and projectors; and software products, including integrated operation management, application servers, security, and database software products. Additionally, the company provides smart energy products, including electrodes/energy storage systems, energy management systems, EV/PHV charging infrastructure, and solutions for utilities; smartphones and mobile phones; BIGLOBE Internet services; and lighting equipment, as well as supplies lithium-ion grid energy storage systems. NEC Corporation has a strategic partnership with Wireless Solutions Limited; and HP for the integration of technology, as well as to deliver networking solutions to enterprise customers. The company was formerly known as Nippon Electric Company, Limited and changed its name to NEC Corporation in April 1983. NEC Corporation was founded in 1899 and is headquartered in Tokyo, Japan.

Founded in 1899

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nec corp (6701) Key Developments

Western Digital Corporation and NEC Corporation Deliver Proven Performance for Scalable SQL Server Appliances

Western Digital Corporation and NEC Corporation announced a PCIe SSD Appliance for Microsoft(R) SQL Server(R) -- a performance-driven reference architecture built on NEC Express 5800 scalable enterprise server series and high-performance HGST FlashMAX II PCIe server-mounted flash storage. This appliance not only demonstrates a tremendous boost in performance, but also reduces total cost of ownership (TCO) by significantly cutting rack space and power requirements when compared to previous generation solutions. The PCIe SSD appliance delivers more than twice the compute power of the previous generation 4CPU platform in a single 4U server, reducing rack space requirements by 69% and power consumption by 27%. The inclusion of HGST's FlashMAX II devices injects up to 8.8TB of high-performance flash per server, for a near doubling of logical scan rates to 8.2GBps that tackles even the large SQL workloads. With features once only found on mainframe or UNIX servers, this new appliance delivers significant and predicable performance, as well as scalability, to keep pace with the changing demands of today's enterprise data center operations.

NEC Corporation Provides Cash Dividend Guidance for the Year Ending March 31, 2015

NEC Corporation provided cash dividend guidance for the year ending March 31, 2015. It announced that it can pay cash dividend of JPY 4 per share for the year ending March 31, 2015.

NEC Reports Earnings Results for the First Quarter Ended June 2014; Provides Earnings Guidance for the Full Year Ending March 2015

NEC reported earnings results for the first quarter ended June 2014. For the quarter, the company reported net loss stood at JPY 10.1 billion (USD 99 million), from a JPY 21.5 billion loss in the same period last year. Operating loss shrank to JPY 7.1 billion from JPY 21.8 billion, on sales of JPY 598.7 billion, which were down 6.5%, helped by a return to profit in the computer business. Ordinary loss was JPY 10 billion. Based on the existing core business, the sales increased by about 3%. The company reported revenues for its fiscal first quarter down 6.5% year-on-year to JPY 598.7 billion, mainly due to divestments. Sales from its continuing core business were up 3%, driven by the public sector and better computer and server sales. Free cash flow was positive at JPY 53.3 billion, an increase of JPY 12.3 billion year-on-year. For the full-year to March 2015, the company expects to post a net profit of JPY 35 billion on sales of JPY 3.0 trillion. The company goal is to achieve the original target of JPY 120 billion in operating income.


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