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NEC Plans Overseas Acquisitions to Reach 70% Profit Growth

June 4, 2023
in AI & Technology
Reading Time: 1 min read
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Oct.05 — 122-year-old Japanese tech company, NEC, which was once the world’s top semiconductor manufacturer and pioneering maker of mobile phones, is now positioning itself to become a leader in next generation 5G wireless technology. The company also plans to make more acquisitions abroad to drive 70% profit growth. NEC CEO Takayuki Morita spoke to Bloomberg exclusively to Pavel Alpayev about his ambitious goals.

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