TOKYO — NEC Corp. and NEC LCD Technologies Ltd. today agreed to merge NEC Akita Ltd. and NEC Kagoshima Ltd. with their parent company, NEC LCD Technologies, effective as of April 1, 2007.
The integration is aimed at increasing operational efficiencies and accelerating the decision-making process through streamlined management of R&D, manufacturing and sales functions, which are vital to enabling fast and flexible response to increasingly diverse and sophisticated customer needs in the target industrial and high-end monitor markets of NEC LCD Technologies.
NEC will continue to strengthen its technologies and management structure to maintain its leading position in the increasingly competitive LCD display market.
