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NEC Merges LCD Manufacturing Subsidiaries

NEC to Merge LCD Manufacturing Subsidiaries with NEC LCD Technologies, New structure to enable streamlined operations, faster response to market needs

NEC Corporation 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, 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 - NEC.

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