NEC Aims to Boost Network Gear Sales as More Carriers Adopt LTE

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NEC Corp., Japan’s biggest personal computer maker, aims to boost sales of equipment for high-speed wireless services as more carriers upgrade their networks.

NEC expects 70 billion yen ($852 million) of LTE, or Long Term Evolution, technology equipment sales by fiscal 2012, Associate Senior Vice President Shunichiro Tejima said today. The company expects to get 20 percent of that from overseas markets, he said.