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NEC Electronics Announces New Names for Subsidiaries


KAWASAKI, Japan, March 3, 2008

As previously announced on November 28, 2007, NEC Electronics Corporation (TSE: 6723) is reorganizing its manufacturing facilities in Japan. On April 1, 2008, six domestic subsidiaries will be consolidated into three, and the company names of NEC Kyushu, NEC Kansai, and NEC Yamagata will be changed accordingly. These changes were approved today at meetings of the consolidating companies' shareholders.


1.

Consolidation of NEC Kyushu, Ltd., NEC Yamaguchi, Ltd., and NEC Semicon Package Solutions, Ltd.

(1) New company name

NEC Semiconductors Kyushu Yamaguchi, Ltd.

(2) Reason for change

Conformance with NEC Electronics' system of naming companies

(3) Date of name change

April 1, 2008

(4) Information about the merging companies

Company

NEC Kyushu, Ltd.
(Surviving company)

NEC Yamaguchi, Ltd.

NEC Semicon Package Solutions, Ltd.

Primary Business

Manufacturing and sales of semiconductors

Established

September 12, 1969

July 15, 1983

May 16, 1979

Address

1-1-1 Yahata Kumamoto, Kumamoto

Higashimagurajinga, Ube, Yamaguchi

955 Nishihamatake, Yanagawa, Fukuoka

Representative

Toru Imamura,
President

Eiji Sugimoto,
President

Toshio Koguchi,
President

Main shareholders and shareholding ratios

100% by NEC Electronics Corp.

100% by NEC Electronics Corp.

100% by NEC Electronics Corp.

 

 

2.

Consolidation of NEC Kansai, Ltd., and NEC Fukui, Ltd.

(1) New company name

NEC Semiconductors Kansai, Ltd.

(2) Reason for change

Conformance with NEC Electronics' system of naming companies

(3) Date of name change

April 1, 2008

(4) Information about the merging companies

Company

NEC Kansai, Ltd.
(Surviving company)

NEC Fukui, Ltd.

Primary Business

Development, front-end manufacturing, and sales of integrated circuits and discrete devices

Development, back-end manufacturing, and sales of integrated circuits and discrete devices

Established

July 1, 1983

April 2, 1979

Address

2-9-1 Seiran, Otsu, Shiga

1, Higashishima, Omaki, Harue-Cho, Sakai, Fukui

Representative

Shinji Kobayashi,
President

Ikuo Watanabe,
President

Main shareholders and shareholding ratios

100% by NEC Electronics Corp.

100% by NEC Electronics Corp.

 

 

3.

NEC Yamagata, Ltd.

(1) New company name

NEC Semiconductors Yamagata, Ltd.

(2) Reason for change

Conformance with NEC Electronics' system of naming companies

(3) Date of name change

April 1, 2008

(4) Information about the company

Company

NEC Yamagata, Ltd.

Primary Business

Development, front-end manufacturing, and sales of integrated circuits and discrete devices

Established

June 22, 1964

Address

1-11-73 Takarada, Tsuruoka, Yamagata

Representative

Susumu Sato,
President

Main shareholders and shareholding ratios

100% by NEC Electronics Corp.



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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