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Outline of New Companies Established as a Result of Reorganization of NEC Electronics' Subsidiaries
KAWASAKI, Japan, March 3, 2008
On April 1, 2008, NEC Electronics Corporation (TSE: 6723) will reorganize its manufacturing facilities in Japan. Please see below for new company names and other information concerning the two consolidated companies and NEC Yamagata.
1. |
Consolidation of NEC Kyushu, Ltd., NEC Yamaguchi, Ltd., and NEC Semicon Package Solutions, Ltd. |
New company name |
NEC Semiconductors Kyushu Yamaguchi, Ltd. |
Representative |
Yoshikazu Inada
Executive Vice President and Member of the Board, NEC Electronics |
Address |
1-1-1 Yahata
Kumamoto, Kumamoto, Japan |
Capitalization |
1.0 billion yen (100% owned by NEC Electronics) |
Employees |
Approx. 4,900 (as of March 31, 2007) |
Sales |
Approx. 140.0 billion yen (estimate for the fiscal year ending March 31, 2008) |
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2. |
Consolidation of NEC Kansai, Ltd. and NEC Fukui, Ltd. |
New company name |
NEC Semiconductors Kansai, Ltd. |
Representative |
Shinji Kobayashi
President of NEC Kansai, Ltd. |
Address |
2-9-1 Seiran
Otsu, Shiga, Japan |
Capitalization |
1.0 billion yen (100% owned by NEC Electronics) |
Employees |
Approx. 3,150 (as of March 31, 2007) |
Sales |
Approx. 110.0 billion yen (estimate for the fiscal year ending March 31, 2008) |
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3. |
NEC Yamagata, Ltd. |
New company name |
NEC Semiconductors Yamagata, Ltd. |
Representative |
Kunio Morioka
Senior Vice President, NEC Electronics |
Address |
1-11-73 Takarada
Tsuruoka, Yamagata, Japan |
Capitalization |
1.0 billion yen (100% owned by NEC Electronics) |
Employees |
Approx. 1,500 (as of March 31, 2007) |
Sales |
Approx. 80.0 billion yen (estimate for the fiscal year ending March 31, 2008) |
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About NEC Electronics
NEC Electronics Corporation (TSE: 6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handset, PC peripherals, automotive and digital consumer markets, and platform solutions for a wide range of customer applications. NEC Electronics Corporation has 25 subsidiaries worldwide including NEC Electronics America, Inc. (www.am.necel.com) and NEC Electronics (Europe) GmbH (www.eu.necel.com). For additional information about NEC Electronics worldwide, visit www.necel.com.
Information in the press releases, including product prices and specifications is current on the date of the press announcement, but is subject to change without prior notice.
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