Nec To Merge A-V Subsidiaries

NEC is to merge the projector business of NEC Viewtechnology and the display monitor business of NEC Display Solutions into a single company, effective from April 1.

NEC Display Solutions will be integrated with NEC Viewtechnology, which will change its name to NEC Display Solution Ltd. Yoshiaki Tsuda has been named as the president of the new company.

The merger of these two NEC visual display businesses is expected to not only increase operational efficiencies, but also to create a number of added benefits for our customers, said Takashi Ogawa, president of NEC Viewtechnology.

Integrating the strong technological competence of NEC Viewtechnology and NEC Display Solutions will enable us to offer an unbeatable lineup of products and solutions, added Yoshiaki Tsuda, President of NEC Display Solutions.

The new company is expected to have a turnover of 180bn yen (756m) by the year ending March 31, 2008. Its operating companies and affiliates will include NEC Display Solutions of America, NEC Display Solutions Europe, its Chinese projector manufacturing subsidiary and monitor factories in Hong Kong, Dongguang and Taiwan.

www.nec.com