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BUSINESS
May 23, 1990 | Dean Takahashi, Times staff writer
AST Research Inc., the Irvine-based maker of personal computers, is revealing more details about its plans for future computer products. AST plans to introduce its first notebook computer at the Comdex computer show in Las Vegas this November. Safi Qureshey, AST president and chief executive, said the high-end computer will fit in a briefcase and have features such as extended battery-power life and the latest in display technology.
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BUSINESS
October 3, 1989 | From Times Wire Services
Honeywell Inc. said Monday that it is selling its 50% stake in HNSX Supercomputers Inc. to its joint venture partner, NEC Corp. Terms of the deal were not disclosed. A spokesman for NEC, the Japanese computer giant, said the venture, which has been only marginally successful in the United States, would continue with its existing staff and business plan.
BUSINESS
September 29, 1999 | Bloomberg News
NEC Corp., Japan's largest maker of personal computers and microchips, said it will strengthen its Internet service business and reorganize operations in a bid to recover from a record loss of $1.5 billion in its last fiscal year ended March 31.
BUSINESS
July 10, 1991 | From Associated Press
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.
BUSINESS
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.
BUSINESS
December 25, 1997 | Greg Miller
Packard Bell NEC Inc. said it expects to receive $300 million in additional financing from two of its largest shareholders, NEC Corp. of Japan and Groupe Bull of France. The Sacramento-based computer maker will use the money to help pay for its push into commercial markets, said Mal Ransom, senior vice president of marketing. After the investment, NEC's share of voting stock in the company would climb to 49%, up from 20%, reflecting the conversion of nonvoting shares.
BUSINESS
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.
NEWS
May 18, 1996 | EVELYN IRITANI, TIMES STAFF WRITER
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.
BUSINESS
October 19, 1990 | LESLIE HELM, TIMES STAFF WRITER
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.
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