NEC Corporation, a publicly owned Japanese technology company founded in 1899, employs approximately 15,970 people. Its primary business is telecoms network infrastructure, although it also manufactures personal computers, computer platforms, semiconductors, and display panels. NEC further provides systems integration services and constructs broadband and mobile communication networks. In 2023, the company reported revenues exceeding $1 billion.

2023 Revenue

Founded

1899

Headcount

15,968

Headquarters

Japan

Primary Segment

Telecoms network infrastructure

Ownership

Publicly Owned

Deployments

2

News Summary:

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.

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NEC offers 2 products in the media tech and telecoms tech industries. NEC's product portfolio comprises of connectivity infrastructure and telecoms network 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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NEC's customers primarily consist of pay TV services and streaming services companies. Examples of NEC's customers include DNA Oyj and RTVC. NEC has suppliers like intoPIX.

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