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.
NEC Corporation announced a corporate restructure, establishing NESIC Holdings effective July 1, 2025, with Yushi Ushijima as president and representative director. Ushijima, currently corporate executive VP at NEC and senior executive advisor at NEC Networks & System Integration Corporation, will lead this new intermediate holding company aimed at strengthening digital transformation capabilities. Separately, NEC Corporation developed and commercialized software for virtualized radio access network (vRAN) base stations, aiming for deployment of over 50,000 units by fiscal year 2026. This software will be provided to telecommunications carriers domestically and internationally. Finally, Forerunner Technologies completed its acquisition of NEC Corporation's on-premises unified communications (UC) business and related assets in the Americas.
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 $22.6B in 2024. 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 media and TV services and telecoms services companies. Examples of NEC's customers include DNA Oyj and RTVC. Examples of NEC's suppliers include intoPIX and Venera Technologies.
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