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nec corp (6701) Details

NEC Corporation provides social and IT solutions worldwide. It offers broadcast products, including cameras, codecs, network interfaces and converters, switchers, multiplexers, signal distribution modules, and transmitters; industrial computers and thin client solutions; fiber optic devices; and integrated IT infrastructure products. The company also provides network infrastructure products comprising optical transmission systems, submarine cable systems, routers/switches, mobile phone base stations, and mobile backhaul products; and hardware products, such as servers, mainframes, supercomputers, storage products, business PCs, tablet devices, POS, ATMs, control equipment, wireless LAN routers, displays, and projectors. In addition, it offers systems integration services, such as systems implementation and consulting services; maintenance and support services; outsourcing/cloud services; and system equipment. Further, the company provides smart energy products consisting of electrodes/energy storage systems, energy management systems, and EV/PHV charging infrastructure products, as well as solutions for utilities; mobile phones and lighting equipment; and software products that include integrated operation management, application servers, and security and database software. Additionally, it offers fingerprint scanners, portable DNA analyzers, and terahertz imagers; and social infrastructure products. NEC Corporation has Collaboration agreement with Red Hat, Inc. to develop network functions virtualization features in OpenStack. The company was formerly known as Nippon Electric Company, Limited and changed its name to NEC Corporation in April 1983. NEC Corporation was founded in 1899 and is headquartered in Tokyo, Japan.

98,882 Employees
Last Reported Date: 04/28/15
Founded in 1899

nec corp (6701) Top Compensated Officers

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nec corp (6701) Key Developments

NEC Corporation Signs Contract with Telekom Malaysia Berhad and TT Dotcom Sdn Bhd to Construct Sistem Kabel Rakyat 1 Malaysia

NEC Corporation announced the signing of a contract with Telekom Malaysia Berhad (TM) and TT dotCom Sdn Bhd (TTdC) to construct the Sistem Kabel Rakyat 1 Malaysia (SKR1M) that will connect Peninsular Malaysia, Sabah and Sarawak. SKR1M will connect Cherating, Kota Kinabalu, Miri, Bintulu, Kuching and Mersing. Following SKR1M's anticipated completion in mid-2017, it is expected to enhance connectivity between Peninsular Malaysia, Sabah and Sarawak.

NEC Corporation Announces the Global Launch of the VC-870 Encoder and VD-870 Decoder

NEC Corporation announced the global launch of the VC-870 encoder and VD-870 decoder, a series of ultra-low delay codec that enable real-time compression of full HD (1,920 x 1,080 pixel) digital video. These new products support High Efficiency Video Coding (HEVC), the latest international video coding standard, which doubles compression efficiency in comparison with the conventional H.264 standard. Since the data volume required for a full HD video source is large, codecs are used for data compression when video data is transmitted via networks. Supporting the HEVC standard increases the compression efficiency of the new products, enabling them to deliver the same sized full HD video source at approximately half the bit rate when compared with NEC's existing H.264-compatible products. This allows broadcast service providers to reduce OPEX for additional video transmission network infrastructure by improving the efficiency of network usage. The VC-870 and VD-870 also apply NEC's unique compression technologies to achieve encoding and decoding of full HD video at low latency of approximately 20 milliseconds. This ultra-low delay feature makes these products ideal for handling situations where a real-time response is required, such as in live broadcasts from remote locations, or when remotely operating moveable cameras while viewing an incoming video feed. In addition, these new products support the MPEG4-AAC ELD standard for the first time in the NEC codec portfolio, achieving low delay compression of audio data. This enables the amount of bit rate allocated for the transmission of audio data to be reduced, allowing a greater portion of bit rate to be allocated to video data, and therefore resulting in transmission of higher quality video.

NEC and Hortonworks Agreed to Partner in Distributed Processing Big Data

NEC Corporation and Hortonworks, Inc. have agreed to partner in the field of distributed processing of big data. The agreement enables NEC to resell support services for the Hortonworks Data Platform (HDP) in Japan and other Asian markets. This will allow NEC customers to utilize Open Enterprise Hadoop as a complementary component of their data architectures to enable a broad range of new applications, as well as enrich existing ones with additional data sources. Under this collaboration with Hortonworks, NEC will provide customers with opportunities to create new value from big data through the combination of unique analysis technology, server and storage products and Hortonworks Data Platform powered by Apache Hadoop. NEC will begin selling Hortonworks dedicated support service, "HDP Support Subscription", in October 2015.

 

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Industry Analysis

6701

Industry Average

Valuation 6701 Industry Range
Price/Earnings 17.4x
Price/Sales 0.3x
Price/Book 1.2x
Price/Cash Flow 17.4x
TEV/Sales 0.1x
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