NEC Corporation, also known as NEC, is a Japanese multinational information technology and electronics company headquartered in Minato, Tokyo. Founded in 1899, NEC is a publicly owned company with over 15,970 employees and annual revenues exceeding $1 billion as of 2023. The company's primary focus is on manufacturing personal computers, computer platforms, semiconductors, and display panels. Additionally, NEC is involved in building broadband and mobile communication networks and offers systems integration services.
NEC commercialized software for virtualized radio access network (vRAN) base stations, aiming for over 50,000 deployments by fiscal year 2026, both domestically and internationally. On an unspecified date, Forerunner Technologies acquired NEC's on-premises unified communications (UC) business and related assets in the Americas, guaranteeing continued support and development of NEC's communication platforms. NEC also developed vRAN supporting O-RAN Alliance specifications for enhanced Open vRAN security, currently used to verify the performance of CTOne's SecureRAN. Finally, on December 24, 2024, NEC Thailand signed a Memorandum of Understanding with Umong Municipality in Lamphun Province to create a digital platform for elderly and dependent patient care.
NEC offers 2 products in the media tech and telecoms tech industries. NEC's product portfolio comprises of telecoms network infrastructure and connectivity infrastructure.
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NEC's revenues were $24.7B in 2023. Caretta Research has split NEC's revenue into 2 different product categories, the largest of which is telecoms network services and systems integration, which represents 99% of NEC's revenue.
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