Word: nec
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...INITIAL STRATEGY WAS TO STAY ABOVE THE fray. As American firms like Compaq , and IBM brought low-cost personal computers to its shores, NEC, Japan's foremost personal computer manufacturer, controlling about 50% of the domestic market, loftily insisted that quality should take precedence over cost. But the price pressure got to the company. NEC has announced a new low-priced line, including one model for $1,740, about half the price of an earlier comparable machine...
...much vaunted vetting process anyway. Clinton turned to campaign chairman Mickey Kantor to be his Trade Representative even though the Los Angeles lawyer has no experience with the issue and must recuse himself from two upcoming rulings because the law firm in which he retains a financial interest represents NEC, a Japanese semiconductor company, and the automobile firm Suzuki...
Robert E. Rubin '60, co-chair of Goldman, Sachs & Co. and a director of Harvard Management Company (HMC), was named yesterday to head President-elect Bill Clinton's new National Economic Council (NEC...
Reich was earlier considered a top contender to head either the NEC or the Council of Economic Advisors (CEA). But the sources said that Reich preferred a Cabinet post over an advisory level position...
...consumer-electronics industry. About 42% of all chips made in Japan are consumed by such companies as Sony and Panasonic. But as global sales of TVs, VCRs, PCs and telephones have fallen because of the worldwide economic slump, so have the fortunes of Japanese chip companies. At NEC, profits are down 71%; at Toshiba, earnings are off 39%. As a result, the Japanese have retreated from some markets. Fujitsu, for example, is closing its U.S. chipmaking plant in San Diego. The factory made one-megabit memory ! chips, whose price has plunged in the wake of overproduction by South Korean firms...