NEC<6701.T>, HP<HPQ.N> plan computer system tie-up
TOKYO, May 15 (Reuters) - NEC Corp, Japan's largest PC maker,
said on Wednesday it would cooperate with Hewlett-Packard Co in
developing so-called mission-critical computer systems, such as
banking systems, that cannot afford to fail.
An NEC spokesman said further details would be released at a
news conference in Tokyo at 11:00 a.m. (0200 GMT) to be attended
by NEC Solutions Company vice president Toshiro Kawamura and, via
video conference, by HP executive vice president Ann Livermore.
NEC, also Japan's second-largest chipmaker and a major
manufacturer of telecommunications equipment, posted heavy losses
in the business year to March 31 due largely to the deep
info-tech slump.
The sprawling high-tech conglomerate has responded in part by
sharpening its focus on the more stable computer services and
software sector and has positioned mission-critical computer
systems as a centrepiece of that strategy.
In Wednesday morning trade NEC's shares were up 1.89 percent
at 917 yen, in line with a 1.71 percent gain in the benchmark
Nikkei average <.N225>.
((Edmund Klamann, Tokyo Equities Desk +81 3 3432 8595
tokyo.equities.newsroom@reuters.com))
REUTERS
*** end of story *** |
