NELTY NEC Electronics Corp featured news, full reports, and detailed charts
NEC Electronics Corp (NELTY/NELTY.PK) Wrap Up:
NEC Electronics Corporation engages in the research, development, manufacture, and sale of semiconductors. It provides system-level semiconductor solutions for electronic products and systems. The company’s product portfolio comprises system LSIs, driver ICs for small and large TFT-LCDs, system memories, general-purpose microcontrollers, gate arrays, diodes, transistors, optical semiconductors, and microwave semiconductors. It primarily serves communications; computing and peripherals; consumer electronics; automotive and industrial; multi-market ICs; and discrete, optical, and microwave devices markets. The company operates in Japan, the United States, Europe, and Asia. NEC Electronics Corp...NEC Electronics Corp (NELTY:OTC)
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Market Cap
2.6B
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Total Revenue
433.3B
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EBITDA
43.4B
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DILUTED EPS TTM
-962.03
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P/E
--
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P/S
0.2x
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Return On Asset
-12.18
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Return On Equity
-75.84
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| K = Thousands M = Millions B = Billions | ||
NELTY Top Compensated Officers
Executives, Board Directors
Key developments for NEC Electronics Corp (NELTY)
NEC Electronics Corp. announced the availability of new system-on-chips (SoCs), the EC-4260 (NaviEngine(R)-MID) and EC-4250 (NaviEngine-mini) for use in automotive infotainment systems. The new devices have the performance, peripheral set, and software ecosystem to meet the demands of high-performance applications such as navigation, infotainment and telematics systems. NEC Electronics first introduced the EC-4270 (NaviEngine) with four embedded CPU cores in 2007. The EC-4260 with three CPU cores and EC-4250 with two CPU cores are now also available along with the EC-4270 to widely support the expanding market of car-navigation systems, particularly in Japan, Europe and the U.S. The EC-4260 and EC-4250 are the first members of NEC Electronics' new EMMA(TM) Car series of automotive system LSI devices. NEC Electronics' EC-4260 and EC-4250 SoCs address these needs with a multi-core approach. Using three ARM-11(TM) cores from ARM Ltd., the EC-4260 SoC operates at 1440 MIPS (at 400 MHz), while the EC-4250 performs 960 MIPS using two ARM-11 cores. Basing these devices on an industry-standard core gives design engineers access to a wide array of software elements, which will both shorten design time and lower software development costs. The multi-core architecture also supports symmetrical multi-processing (SMP) mode. In this mode, a single version of the operating system (OS) is running on multiple cores, and tasks are dynamically allocated to cores at runtime, maximizing the utilization of available processing power. NEC Electronics' new devices also include a graphics processing unit (GPU) that realizes excellent 2D/3D imaging. The EC-4260 SoC enables 2D/3D imaging and supports OpenGL ES and OpenVG specifications. The EC-4250 enables 2D imaging and supports the OpenVG specification. These features provide graphics software compatibility contributing to faster time-to market for system designers. The EC-4260 and EC-4250 devices are currently available for samples, priced per unit at USD 140 and USD 70 respectively. Mass production is estimated to begin in 2010 and is expected to reach 100,000 units per month by 2012.
NEC Electronics Corp. expected to Report Q3 2010 Results on January 25, 2010. This event was calculated by Capital IQ (Created on October 28, 2009).
NEC Electronics Corp. reported earnings results for the six months ended September 30, 2009. For the period, the company reported a group net loss of ¥38.1 billion ($415 million), deeper than its ¥1.9 billion loss in the year-ago period, due to slower sales in all product categories and the effects of a strong yen. The company also cut its forecasts for the full fiscal year through March 2010, and now expects net sales to total ¥460 billion, down from its initial forecast of ¥480 billion, while semiconductor sales are expected to total ¥445 billion, a decrease of ¥15 billion from its initial forecast. Its full-year group net loss is expected to be ¥55.0 billion, a decrease of ¥46.0 billion. The company said it will close and sell a chip factory in Fukuoka in southern Japan by September 2011 as part of its domestic chip production reorganization plan.
NELTY Competitors
| Company | Last | Change |
| Infineon Technologies | €3.11 EUR | -0.11 |
| JDS Uniphase Corp | $7.29 USD | -0.10 |
| Oki Electric Industry Co Ltd | ¥71.00 JPY | -2.00 |
| Yamaha Corporation | ¥951.00 JPY | +27.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | NELTY | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 0.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.0x |
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NELTY transactions
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| No transactions in the last 6 months. | ||
More Recent News About NEC Electronics Corp
More news for NELTY
Chinese Demand Boosts Tokyo, Australian Stocks
HONG KONG -- Japanese commodity producers and equipment makers gained Thursday on stronger-than-expected Chinese industrial output and fixed asset investment figures for the first quarter. But Chinese stocks slid as the market had largely already priced in more optimistic data out of China suggesting that the worst of its slowdown has passed to enter the second quarter. China's GDP grew at the slowest pace since at least 1992, but was better than expected. That pushed some analysts to revise their full-year growth forecasts upward.Japan's Nikkei 225 average eked out a gain of 0.1%, or 12.3 points, at 8,755.26, after climbing over 3% at one point in the day. The rise in Tokyo followed that of the Dow Jones, which ended up 1.4% at 8,029.62 after the U.S. Federal Reserve said in its Beige Book that the drop in activity in five of its 12 regional districts appeared to be slowing. Steelmaker JFE Holdings gained 3.1%, or 80 yen (81 cents), to 2,700 yen ($27.35), on anticipated demand from China's massive infrastructure spending. The yen traded near 98.71 against the dollar. NEC Electronics ( NELTY - news - people ) was bid up by 12%, its daily limit, by 100 yen ($1.01), to 930 yen ($9.42) on news that the chip maker was in final stage of merger talks with Renesas Technology Corp, a joint venture set up by Japanese electronics groups Hitachi Ltd ( HIT - ...Click here to read the whole Article (external link)
Japanese Stocks Follow Wall Street Higher
HONG KONG -- The re-emergence of confidence in the U.S. economy, as well as potential mergers and acquisitions, rekindled investors' interest in Japanese stocks. However Hong Kong and Shanghai shares fell after China said its economy grew more slowly than the market expected.Japan's Nikkei 225 average at one stage on Thursday gained more than 3% before settling at 8,867.19 in afternoon trading, up 1.4%, or 124.23 points.The rise in Tokyo followed that in the Dow Jones, which ended up 1.4% at 8,029.62 after the U.S. Federal Reserve said in its Beige Book that the drop in activity in five of its 12 regional districts appeared to be slowing. The Beige Book is a monthly compilation of anecdotal information from the U.S. central bank's business contacts.The greenback strengthened on hopes that the U.S. recession could be abating. Japanese exporters rose on a weaker yen, which traded at 99.188 in Asia on Thursday. Sony Corp ( SNE - news - people ) edged up 0.8%, or 20 yen (20 cents), to 2,465 yen ($24.91). NEC Electronics ( NELTY - news - people ) was once bid up by 12% or its daily limit at 930 yen ($9.40) on news that the chip maker was in final stage of merger talks with Renesas Technology Corp,...Click here to read the whole Article (external link)
Japanese Corporations Face the Job Cut Taboo
Following some scuffles, Tokyo police officers on Sunday managed to wedge their way through a scrum of protesters to close the doors of the Keihin Hotel after 138 years in business. The run-down building, which opened its doors when samurai still strolled the capital's streets, would have ended its long history in October had employees gone home when the debt-saddled owner laid them off. Instead, they kept the business running.Almost a taboo in Japan, layoffs are often the last resort for corporations struggling to cut costs. Few dare to order the kind of swift job cuts common at Western firms. Yet, with the global economic slump beginning to take its toll on Japan Inc., the need to trim expenses is growing, and companies may be left with the stark choice of sacrificing either jobs or profits.When talking about job cuts on Jan. 23, (nyse: SNE - news - people ) boss Howard Stringer promised to be "sensitive." The consumer electronics firm has so far said it will terminate 16,000 people worldwide, which may include a couple of thousand positions in Japan. (nyse: TM - news - people Yomiuri Shimbun, reported.In Japan's hierarchy of employment, the first to go are usually the temporary, or contract, workers, who are often not counted among companies' st...Click here to read the whole Article (external link)