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BUSINESS
June 4, 1991 | MICHAEL HIRSH, ASSOCIATED PRESS
IBM Japan Ltd. is scaling back its work force this year in an effort to improve profitability, the company said today. IBM Japan, which in April announced its worst yearly earnings drop, has lost ground to aggressive Japanese competitors NEC, Fujitsu and Hitachi as purchases have slowed for its staple product, mainframe computers. At the same time, the Japanese subsidiary of International Business Machines Corp. of Armonk, N.Y.
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BUSINESS
January 27, 1992 | From Times Staff and Wire Reports
IBM Japan Cutting Directors' Salaries: The Japanese arm of International Business Machines Corp. also decided to freeze executives' salaries in response to poor business results, a company spokesman said. The company slashed the salary of the president by 10%, executive directors by 8% and directors by 5%, spokesman Tadashi Okamura said. Thirty-three directors were affected.
BUSINESS
August 3, 1991 | From Times Staff and Wire Reports
IBM, NEC May be Near Agreement: IBM Japan Ltd. is close to completing an agreement with NEC Corp., one of Japan's leading computer makers, on supercomputer marketing, according to news reports. Kyodo News Service, quoting unidentified company officials, said the deal, if sealed, would allow IBM Japan--a subsidiary of U.S.
BUSINESS
January 27, 1992 | From Times Staff and Wire Reports
IBM Japan Cutting Directors' Salaries: The Japanese arm of International Business Machines Corp. also decided to freeze executives' salaries in response to poor business results, a company spokesman said. The company slashed the salary of the president by 10%, executive directors by 8% and directors by 5%, spokesman Tadashi Okamura said. Thirty-three directors were affected.
BUSINESS
February 2, 1991 | Reuters
IBM Japan Ltd. is developing a notebook-sized personal computer and considering a plan that would allow the computer to send messages over wireless communications networks, the company said Friday. The wholly owned unit of International Business Machines said it was still assessing market demand and trying to get Japanese government permission to use broadcast frequencies.
BUSINESS
August 3, 1991 | From Times Staff and Wire Reports
IBM, NEC May be Near Agreement: IBM Japan Ltd. is close to completing an agreement with NEC Corp., one of Japan's leading computer makers, on supercomputer marketing, according to news reports. Kyodo News Service, quoting unidentified company officials, said the deal, if sealed, would allow IBM Japan--a subsidiary of U.S.
BUSINESS
June 4, 1991 | MICHAEL HIRSH, ASSOCIATED PRESS
IBM Japan Ltd. is scaling back its work force this year in an effort to improve profitability, the company said today. IBM Japan, which in April announced its worst yearly earnings drop, has lost ground to aggressive Japanese competitors NEC, Fujitsu and Hitachi as purchases have slowed for its staple product, mainframe computers. At the same time, the Japanese subsidiary of International Business Machines Corp. of Armonk, N.Y.
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