July 10, 1991 |
Japan's NEC Corp. will take a 4.7% stake in the parent of France's troubled government-controlled computer maker Groupe Bull SA, which has extensive U.S. operations, Bull said Tuesday. NEC will trade its 15% ownership of Bull's main U.S. subsidiary, Bull HN Information Systems Inc., for the stake in Compagnie des Machines Bull, the group said.
November 25, 1989 |
Japan's Fair Trade Commission on Friday issued stern warnings to two Japanese computer manufacturers that may have engaged in unfair trade practices by bidding one yen on local government projects. After several weeks' investigation, the commission decided that the bids of one yen, the equivalent of 0.7 cent, made by Fujitsu Ltd. and NEC Corp. required "stern warnings," said Takashi Yamamoto of the FTC's trade practices division.
May 28, 1990 |
National Semiconductor Corp. says it has signed a pact with NEC Corp. to sell one of the Japanese company's leading-edge computer memory chips and to explore deals in marketing, manufacturing and technology. The initial agreement between the two electronic giants covers Tokyo-based NEC's high-volume SRAM chips--a static random access memory device with 256,000 bytes of memory.
May 18, 1996 |
The U.S. National Science Foundation has selected NEC Corp. of Japan as the primary vendor to supply a multimillion- dollar supercomputer for a Colorado weather research center, NEC said today, marking the first time the U.S. government has purchased such a machine from a Japanese company. The decision came despite intense lobbying by U.S. supercomputer vendor Cray Research Inc.
October 19, 1990 |
AST Research Inc., an Irvine-based personal computer maker, has signed up three distributors for its new made-for-Japan computer, overcoming the final obstacle to beginning sales next month of the hybrid machine. The machine drew strong interest when it was first announced in July because it was the first time an outside company had challenged NEC Corp.'s dominance of the Japanese personal computer market with a compatible machine.
November 2, 1987 |
Nineteen Japanese firms are jointly developing an operating system that would allow IBM-compatible personal computers to run programs in Japanese, according to a spokesman for the group. Development of the Architecture Extended-AX system would open up a wide range of English-language software to Japanese users. It would also give hardware makers a chance to sell cheaper PCs in the Japanese market, now dominated by NEC Corp., the spokesman said Friday.
February 20, 1999 |
NEC Corp., Japan's biggest personal computer and chip maker, said Friday it overhauled its management and will cut 15,000 jobs, or nearly 10% of its work force, over three years as it struggles to recover from slumping sales and massive losses at its Packard Bell unit in the United States. About 6,000 of the job cuts are outside Japan; the company did not say how many will hit its 7,000 U.S. workers. The downsizing is the latest corporate fallout from the spreading economic crisis in Asia.
August 22, 1997 |
The U.S. Commerce Department on Thursday said two Japanese companies--NEC Corp. and Fujitsu Ltd.--were dumping supercomputers in the U.S. market, and it was moving closer to imposing hefty duties on the imports. The duties go into effect if the International Trade Commission finds that U.S. industry is being hurt by the dumping or if products are selling at less than fair value. A commission decision is expected within 45 days. Last September, the ITC made a preliminary finding of injury.
July 30, 1996 |
Cray Research Inc. stepped up its battle to keep a lock on the U.S. supercomputer market by filing a complaint of dumping Monday against a Japanese competitor. Eagan, Minn.-based Cray accused NEC Corp. of winning a contract with a federal climate laboratory last spring by offering four supercomputers for the price of one. NEC denies the allegation. "This is very serious to us. This is a very big deal to us," said Robert Ewald, Cray's president and chief operating officer.