NEC Corporation
 | | Type | Corporation TYO: 6701 , NASDAQ: NIPNY, (LSE: NEC) | | Founded | Tokyo, Japan (1899) | | Location | Tokyo, Japan | | Key people | Hajime Sasaki, Chairman of the Board; Akinobu Kanasugi, President | | Industry | Electronics | | Slogan | Empowered by Innovation | | Products | IT Solutions, Network Solutions, Electron Devices | | Revenue |
 4,855 billion Yen (Fiscal year ended March 31, 2005) | | Employees | 148,540 (Consolidated, as of September 30, 2005) | | Website | NEC Global Gateway | NEC Corporation (Jp. 日本電気株式会社 Nippon Denki Kabushiki Gaisha) TYO: 6701 , NASDAQ: NIPNY, LSE: NEC is a multi-national information technologies company headquartered in Minato-ku, Tokyo, Japan. NEC provides information technology (IT) and network solutions to business enterprises, communications services providers and government. Their business is divided into the three principal segments: IT Solutions, Network Solutions and Electron Devices. The IT Solutions business delivers computing solutions to business enterprises, government and individual customers. The IT Solutions business provides software, hardware and related services. The Network Solutions business designs and provides broadband network systems, mobile and wireless communications network systems, mobile handsets, broadcast and other systems. NEC's Electron Devices business includes semiconductors, displays and other electronic components. NEC produces Versa notebooks for the international market and the Lavie series for Japanese market. NEC was also the creator of the Earth Simulator, the fastest supercomputer in the world at the time. NEC is a part of the Sumitomo Group. NEC logo, claiming fair use This is a copyrighted and/or trademarked logo. ...
The main trading room of the Tokyo Stock Exchange, where nowadays the trading is done by computers The Stock Exchange occupies a narrow site in Tokyos securities district The Tokyo Stock Exchange (abbreviated TSE) is a stock exchange market located in Tokyo, Japan. ...
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The Source by Greyworld, in the new LSE building The London Stock Exchange (abbreviated LSE) is a stock exchange located in London. ...
Tokyo (東京; Tōkyō, lit. ...
1899 was a common year starting on Sunday (see link for calendar). ...
Tokyo (東京; Tōkyō, lit. ...
Advertising slogans are claimed to be, and often prove to be, the most effective means of drawing attention to one or more aspects of a product. ...
In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ...
Red down arrow for negative revenue from the previous fiscal year. ...
Japanese 10 yen coin (obverse) showing Phoenix Hall of Byodoin Yen is the currency used in Japan. ...
Employment is a contract between two parties, one being the employer and the other being the employee. ...
The front page of the English Wikipedia Website. ...
Japanese (Japanese: 日本語; ▶(?)) is a language spoken by over 127 million people, mainly in Japan, but also by Japanese emigrant communities around the world. ...
The main trading room of the Tokyo Stock Exchange, where nowadays the trading is done by computers The Stock Exchange occupies a narrow site in Tokyos securities district The Tokyo Stock Exchange (abbreviated TSE) is a stock exchange market located in Tokyo, Japan. ...
NASDAQ MarketSite (Times Square, New York City) at night NASDAQ (originally an acronym for National Association of Securities Dealers Automated Quotations) is a U.S. electronic stock market. ...
The Source by Greyworld, in the new LSE building The London Stock Exchange (abbreviated LSE) is a stock exchange located in London. ...
See also: Innovation By the mid 20th century humans had achieved a level of technological mastery sufficient to leave the surface of the planet for the first time and explore space. ...
Minato (港区; -ku) is a special ward located in Tokyo, Japan. ...
The 23 special wards (特別区 tokubetsuku) are self-governing, special municipalities in the central and most populous part of Tokyo, Japan. ...
Long a symbol of Tokyo, the Nijubashi Bridge at the Kokyo Imperial Palace. ...
Category: ...
ESC cabinets The Earth Simulator (ES) was the fastest supercomputer in the world from 2002 to 2004, located at the Earth Simulator Center (ESC) in Kanazawa-ku (ward), Yokohama-shi, Japan. ...
A supercomputer is a computer that leads the world in terms of processing capacity, particularly speed of calculation, at the time of its introduction. ...
The Sumitomo Group is a group of related japanese companies, (keiretsu). ...
Over the past five years NEC has ranked consistently in the top 4 companies for number of U.S. patents issued, averaging 1764 granted each year. A patent is a set of exclusive rights granted by a state to a person for a fixed period of time in exchange for the regulated, public disclosure of certain details of a device, method, process or composition of matter (substance) (known as an invention) which is new, inventive and...
The company was formerly known as Nippon Electric Company, Limited , before it was renamed in 1983. It still goes by the old name in Japan. 1983 (MCMLXXXIII) is a common year starting on Saturday of the Gregorian calendar. ...
History
Early development
Company formation Nippon Electric Limited Partnership was established in August 31, 1898 by Kunihiko Iwadare and Takeshiro Maeda using facilities that they had bought from Miyoshi Electrical Manufacturing Company. Iwadare was the representative partner. Maeda handled company sales. Western Electric, who had an interest in the Japanese phone market was represented by Walter Tenney Carleton. Carleton was also responsible for the renovation of the Miyoshi facilities. It was agreed that the partnership would be reorganized as a joint stock company when treaty would allow it. On July 17, 1899 the revised treaty between Japan and the United States went into effect. Nippon Electric Company, Limited was organized the same day with Western Electric Company to become the first Japanese joint venture with foreign capital. Iwadare was named managing director. Ernest Clement and Carleton were named as directors. Maeda and Mototeru Fujii were assigned to be auditors. The overall management was handled by Iwadare, Maeda and Carleton. 1898 was a common year starting on Saturday (see link for calendar). ...
Kunihiko Iwadare was a graduate of the Imperial College of Engineering in Tokyo. ...
Western Electric (sometimes abbreviated WECo) was a US electrical engineering company, the manufacturing arm of AT&T from 1881 to 1995 . ...
Walter Tenney Carleton Walter Tenney Carleton (24 December 1867 - 6 July 1900) was a U.S. businessman. ...
July 17 is the 198th day (199th in leap years) of the year in the Gregorian calendar, with 167 days remaining. ...
1899 was a common year starting on Sunday (see link for calendar). ...
Early production They started with the production, sales and maintenance of telephones and switches. NEC modernized the production facilities with the construction of the Mita Plant in 1901 at Mita Shikokumachi. It was completed in December 1902. The Ministry of Communications also adopted a new technology in 1903. It was the common battery switch board supplied by NEC. The common battery switch boards powered the subscriber phone, eliminating the need for a permanent magnet generatator in each subscribers phone. The switch boards were initially imported, but were manufactured locally by 1909. NEC started exporting telephone sets to China in 1904. 1901 (MCMI) was a common year starting on Tuesday (see link for calendar). ...
1902 (MCMII) was a common year starting on Wednesday (see link for calendar). ...
1903 (MCMIII) was a common year starting on Thursday (see link for calendar). ...
1904 is a leap year starting on a Friday (link will take you to calendar). ...
Changes in management In 1905, Iwadare set out to change the plant management policy. He visted Western Electric to see their management and production control. On his return to Japan he discontinued the "oyakata" system of sub contracting. It was replaced by a new system where managers and employees were all direct employees of the company. Inefficiency was also removed from the production process. The company paid higher salaries with incentives for efficiency. New accounting and cost controls were put in place. Time clocks were installed. 1905 (MCMV) was a common year starting on Sunday (see link for calendar). ...
Expansion of the Japanese telephone service Between 1899 and 1907, the number of telephone subscribers in Japan rose from 35,000 to 95,000. NEC entered the China market in 1908 with the implementation of the telegraph treaty between Japan and China. They also entered the Korean market, setting up an office in Seoul in January 1908. During the period of 1907 to 1912 sales rose from 1.6 million yen to 2 million yen. The expansion of the Japanese phone service had been a key part of NEC's success during this period. This expansion was about to take a pause. 1899 was a common year starting on Sunday (see link for calendar). ...
1907 (MCMVII) was a common year starting on Tuesday (see link for calendar). ...
1908 (MCMVIII) is a leap year starting on Wednesday (link will take you to calendar). ...
1912 (MCMXII) was a leap year starting on Monday. ...
The Ministry of Communications delayed a third expansion plan of the phone service in March, 1913. This was despite there being 120,000 potential telephone subscribers waiting for phone installations. NEC Sales fell sixty percent between 1912 and 1915. During the interim, Iwadare started importing appliances including electric fans, kitchen appliances, washing machines and vacuum cleaners. Electric fans had never been seen in Japan before. The imports were intended to prop up company sales. In 1916, the government resumed the delayed telephone expansion plan, adding 75,000 subscribers and 32,6000 kilometers of new toll lines. Thanks to this third expansion plan, NEC expanded at a time when the rest of Japanese industry was mostly in decline. 1913 (MCMXIII) is a common year starting on Wednesday. ...
1915 (MCMXV) was a common year starting on Friday (see link for calendar). ...
1916 (MCMXVI) is a leap year starting on Saturday (link will take you to calendar) // Events January-February January 1 -The first successful blood transfusion using blood that had been stored and cooled. ...
Association with Sumitomo In 1919, NEC started its first association with Sumitomo. Sumitomo Densen Seizosho was engaged to manufacture cables. As part of the venture, NEC provided cable manufacturing equipment to Sumitomo Densen. Rights to Western Electrics duplex cable patents were also transferred to Sumitomo Densen. 1919 (MCMXIX) was a common year starting on Wednesday (see link for calendar). ...
The Great Kanto Earthquake Japan was struck by the Great Kanto Earthquake in 1923. 140,000 people were killed and 3.4 million were left homeless. Four of NEC's factories were destroyed, killing 105 of NEC's engineers and workers. Thirteen of Tokyo's telephone offices were destroyed by fire. Telephone and telegraph service was interrupted by damage to telephone cables. In response, the Ministry of Communications accelerated major programs to install automatic telephone switching systems and enter radio broadcasting. The first automatic switching systems were the Strowger-type model made by Automatic Telephone Manufacturing Co. (ATM) in the United Kingdom. NEC participated in the installation of the automatic switching sytems, ultimately becoming the general sales agent for ATM. NEC developed its own Strowger-type automatic switching system in 1924, a first in Japan. 1923 (MCMXXIII) was a common year starting on Monday (link will take you to calendar). ...
1924 (MCMXXIV) was a leap year starting on Tuesday (link will take you to calendar). ...
Stable growth
Radio broadcast NEC started their radio communications business in 1924. Japans first radio broadcaster, Radio Tokyo was founded in 1924 and started broadcasting in 1925. NEC imported the broadcasting equipment from Western Electric. The expansion of radio broadcasting into Osaka and Nagoya marked the emergence of radio as an Industry. NEC established a radio research unit 1924. NEC started developing electron tubes in 1925. By 1930, they were manufacturing their first 500 W radio transmitter. They provided the Chinese Xinjing station with a 100 kW radio broadcasting system in 1934. 1924 (MCMXXIV) was a leap year starting on Tuesday (link will take you to calendar). ...
1925 (MCMXXV) was a common year starting on Thursday (link will take you to calendar). ...
1934 (MCMXXXIV) was a common year starting on Monday (link will take you to calendar). ...
Photo-telegraphic Equipment Photo-telegraphic equipment was developed by NEC that was used to transmit photos of the accession ceremony of Emperor Hirohito. The ceremony was held in Kyoto in 1928. The Newspapers Asahi Shimbun and Mainichi Newspapers were competing to cover the ceremony. The Asahi Shimbun was using a Siemens device. The Mainichi was planning to use French photo-telegraphic equipment. In the end, both papers acquired and used the NEC product, due to its faster transmission rate and higher picture quality. 1928 (MCMXXVIII) was a leap year starting on Sunday (link will take you to calendar). ...
Carrier Transmission Equipment In 1929 Nippon Electric provided Japan's Ministry of Communications with the A-type switching system. It was the first of these systems to be developed in Japan. Nippon supplied Japan's Ministry of Communications with nonloaded line carrier equipment for long distance telephone channels in 1937. 1929 (MCMXXIX) was a common year starting on Tuesday (link will take you to calendar). ...
1937 (MCMXXXVII) was a common year starting on Friday (link will take you to calendar). ...
Microwave Research In 1939, Nippon Electric established a research laboratory in the Tamagawa plant. They became the first Japanese company to successfully test microwave multiplex communications. // Events January-March January 2 - End of term for Frank Finley Merriam, 28th Governor of California. ...
Domestic growth NEC began transistor research and development in 1950. They started exporting radio broadcast equipment to Korea under the first major postwar contract in 1951. NEC received the Deming prize for excellence in quality control in 1952. Computer research and development began in 1954. NEC produced the first crossbar switching system in Japan. It was installed at Nippon Telegraph and Telephone (NTT) in 1956. NEC began joint research and development with NTT of electronic switching systems the same year. NEC established Taiwan Telecommunication Company as their first postwar overseas joint venture in 1958. They completed the NEAC-1101 and NEAC-1102 computers the same year. In 1959 NEC demostrated their first transistorized computer, the NEAC-2201. They demonstrated it at the UNESCO AUTOMATH show in Paris. The company began integrated circuit research and development in 1960. In 1963 NEC started trading as American Depositary Receipts, ten million being sold in the United States. Nippon Electric New York (now NEC America Inc.) was incorporated in the same year. 1950 was a common year starting on Sunday (link will take you to calendar). ...
1951 (MCMLI) was a common year starting on Monday; see its calendar. ...
1952 (MCMLII) was a leap year starting on Tuesday (link will take you to calendar). ...
1954 (MCMLIV) was a common year starting on Friday of the Gregorian calendar. ...
Nippon Telegraph and Telephone (日本電信電話 Nippon Denshin Denwa) is a telephone company that dominates the telecommunication market in Japan. ...
1956 (MCMLVI) was a leap year starting on Sunday of the Gregorian calendar. ...
1958 (MCMLVIII) was a common year starting on Wednesday of the Gregorian calendar. ...
1959 (MCMLIX) was a common year starting on Thursday of the Gregorian calendar. ...
1960 (MCMLX) was a leap year starting on Friday (link will take you to calendar). ...
1963 (MCMLXIII) was a common year starting on Tuesday (link will take you to calendar). ...
Global expansion NEC supplied KDD with submarine cable systems to be laid in the Pacific Ocean in 1964. They supplied short haul 24 channel PCM carrier transmission equipment to NTT in 1965. NEC de Mexico, S. A. de C. V., NEC do Brasil, S. A., NEC Australia Pty. Ltd. were established between 1968 and 1969. NEC supplied Comsat Corporation with the SPADE satellite communications system in 1971. In 1972, Switzerland ordered a NEC satellite communications earth station. The same year, a small transportable satellite communications earth station was set up in China. Shares of NEC common stock were listed on the Amsterdam Stock Exchange in 1973. NEC also designed a automated broadcasting system for the Japan Broadcasting Corporation the same year. NEC Electronics (Europe) GmbH was also established. In 1974, the ACOS series computer was introduced. The New Central Research Laboratories were completed in 1975. In 1977, Japan's National Space Development Agency launched the NEC geostationary meteorological satellite, named Himawari. For the Nintendo 64 emulator, see 1964 (Emulator). ...
1965 (MCMLXV) was a common year starting on Friday (link goes to calendar). ...
1968 (MCMLXVIII) was a leap year starting on Monday (the link is to a full 1968 calendar). ...
1969 (MCMLXIX) was a common year starting on Wednesday For other uses, see Number 1969. ...
1971 (MCMLXXI) is a common year starting on Friday (click for link to calendar). ...
1972 (MCMLXXII) was a leap year that started on a Saturday. ...
1973 (MCMLXXIII) was a common year starting on Monday. ...
1974 (MCMLXXIV) is a common year starting on Tuesday (click on link for calendar). ...
1975 (MCMLXXV) was a common year starting on Wednesday (the link is to a full 1975 calendar). ...
For the album by Ash, see 1977 (album). ...
C&C Era begins During this period NEC introduced the concept of C&C, the integration of Computers and Communications. NEC America Inc. opened a plant in Dallas Texas to manufacture PABX and telephone systems in 1978. They also acquired Electronic Arrays, Inc. of California the same year to start semiconductor chip production in the United States. In 1980, NEC created the first digital signal processor, the NEC µPD7710. NEC stock was listed on the London Stock Exchange in 1981. NEC Semiconductors (UK) Ltd. was established in 1981, producing VLSIs and LSIs. NEC introduced the 16-bit PC-9800 series personal computer in 1982. In 1983 NEC stock was listed on the Basel, Geneva and Zurich, Switzerland exchanges. NEC changed its English company name to NEC Corporation the same year. NEC Information Systems, Inc. started manufacturing computers and related products in the United States in 1984. NEC also released the V-series processor the same year. In 1986, NEC delivered it's SX-2 super computer to the Houston Advanced Research Center. In the same year, the NEAX61 digital switching system went in to service. In 1987, NEC Technologies (UK) Ltd. was established in the United Kingdom to manufacture VCRs, printers and color TVs for Europe. NEC USA, Inc. was established in 1989 as a holding company for North American operations. For the Command & Conquer PC games, see Command & Conquer C&C (Cantrell & Cochrane), (ISE: CCR) , (LSE: CCR) , (Xetra: GCC) , is a multi-million euro consumer goods group based in Ireland. ...
PBX redirects here. ...
1978 (MCMLXXVIII) was a common year starting on Sunday (the link is to a full 1978 calendar). ...
State nickname: The Golden State Official languages English Capital Sacramento Largest city Los Angeles Governor Arnold Schwarzenegger (R) Senators Dianne Feinstein (D) Barbara Boxer (D) Area - Total - % water Ranked 3rd 410,000 km² 4. ...
1980 (MCMLXXX) was a leap year starting on Tuesday. ...
A digital signal processor (DSP) is a specialized microprocessor designed specifically for digital signal processing, generally in real-time. ...
1981 (MCMLXXXI) is a common year starting on Thursday of the Gregorian calendar. ...
1981 (MCMLXXXI) is a common year starting on Thursday of the Gregorian calendar. ...
Very-large-scale integration (VLSI) of systems of transistor-based circuits into integrated circuits on a single chip first occurred in the 1980s as part of the semiconductor and communication technologies that were being developed. ...
PC-9801 (PC-98 for short) is a Japanese computer made by NEC. It first appeared in 1983, and employed an 8086-2 CPU. It ran at a speed of either 5 or 8 MHz (selectable), and shipped with 128 kB of RAM, expandable to 640 kB. Its 8-color...
1982 (MCMLXXXII) is a common year starting on Friday of the Gregorian calendar. ...
1983 (MCMLXXXIII) is a common year starting on Saturday of the Gregorian calendar. ...
1984 (MCMLXXXIV) is a leap year starting on Sunday of the Gregorian calendar. ...
1986 (MCMLXXXVI) is a common year starting on Wednesday of the Gregorian calendar. ...
1987 (MCMLXXXVII) is a common year starting on Thursday of the Gregorian calendar. ...
The video cassette recorder (or VCR, less popularly video tape recorder) is a type of video tape recorder that uses removable cassettes containing magnetic tape to record audio and video from a television broadcast so it can be played back later. ...
1989 (MCMLXXXIX) is a common year starting on Sunday of the Gregorian calendar. ...
C&C for Human Potential In 1990, the new head office building known as the "Super Tower" was completed. Additionally, joint venture agreements were established to manufacture and market digital electronic switching systems and LSIs in China. In 1993 NEC's asynchronous transfer mode (ATM) switching system, the NEAX61 (Nippon Electronic Automatic Exchange) ATM Service Node, went into service in the United States. NEC Europe, Ltd. was established as a holding company for European operations the same year. The NEC C&C Research Laboratories, NEC Europe, Ltd. were opened in Germany in 1994. NEC (China) Co, Ltd. was established as a holding company for Chinese operations in 1996. In 1997 NEC developed 4Gbit DRAM, and their semiconductor group was honored with one of the first Japan Quality Awards. In 1998, NEC opened the world's most advanced semiconductor R&D facility. This article is about the year. ...
1993 (MCMXCIII) is a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ...
1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated the International year of the Family. ...
1996 (MCMXCVI) is a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ...
1997 (MCMXCVII) is a common year starting on Wednesday of the Gregorian calendar. ...
1998 (MCMXCVIII) is a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ...
The phrase research and development (also R and D or R&D) has a special commercial significance apart from its conventional coupling of research and technological development. ...
A New Century NEC celebrated their 100th anniversary in 1999. NEC Electronics Corporation was separated from NEC in 2002 as a new semiconductor company. NEC Laboratories America, Inc. (NEC Labs) was created in November, 2002 as a merger of NEC Research Institute (NECI) and NEC USA’s Computer and Communications Research Laboratory (CCRL). NEC built the Earth Simulator Computer (ESC), the fastest supercomputer in the world from 2002 to 2004. 1999 (MCMXCIX) is a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ...
2002 (MMII) is a common year starting on Tuesday of the Gregorian calendar. ...
ESC cabinets The Earth Simulator (ES) was the fastest supercomputer in the world from 2002 to 2004, located at the Earth Simulator Center (ESC) in Kanazawa-ku (ward), Yokohama-shi, Japan. ...
Supercomputers 1986 (MCMLXXXVI) is a common year starting on Wednesday of the Gregorian calendar. ...
This article is about the year. ...
1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated the International year of the Family. ...
1999 (MCMXCIX) is a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ...
2002 (MMII) is a common year starting on Tuesday of the Gregorian calendar. ...
The SX-6 is a supercomputer built by NEC Corporation, and sold under license by Cray in the US. Each SX-6 single-node system contains up to 8 vector processors, which share up to 64 gigabytes of computer memory. ...
2002 (MMII) is a common year starting on Tuesday of the Gregorian calendar. ...
ESC cabinets The Earth Simulator (ES) was the fastest supercomputer in the world from 2002 to 2004, located at the Earth Simulator Center (ESC) in Kanazawa-ku (ward), Yokohama-shi, Japan. ...
2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ...
Holdings - NEC USA, Inc,
- NEC-Mitsubishi Electronics Display of America Inc.
NEC/Mitsubishi is a manufacturer of computer monitors. ...
References - NEC Corporation, NEC Corporation, The First 80 Years, 1984, ISBN 4-931172-01-6.
- Mark Mason, Foreign Direct Investment and Japanese Economic Development, 1899-1931, BUSINESS AND ECONOMIC HISTORY, Second Series, Volume Sixteen, 1987.
1984 (MCMLXXXIV) is a leap year starting on Sunday of the Gregorian calendar. ...
1987 (MCMLXXXVII) is a common year starting on Thursday of the Gregorian calendar. ...
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