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November 25, 1989 | From Associated Press
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 | From Associated Press
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.
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.
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 | From Reuters
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 | From Associated Press
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 | From Times Wire Services
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 | From Associated Press
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.
July 5, 1990 | From Reuters
Japan's NEC Corp. on Wednesday unveiled what it said is the world's fastest mainframe computer. NEC said the new ACOS System 3800 executes a maximum 500 million instructions per second, nearly four times faster than the company's previous fastest model. That is also about twice as fast as a mainframe system announced last month by Japan's Hitachi Ltd., which was dubbed the world's fastest. Mainframe computers manage huge database networks for government agencies and large corporations.
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