NEC Merges Display, Projection Businesses
NEC Corporation plans to merge the company’s projector and desktop and large-screen LCD and plasma businesses as of April 1. Yoshiaki Tsuda has been named as the President of the new NEC Display Solutions, Ltd. It appears the new business will use the NEC Display Solutions of America, Inc. moniker.
It makes sense, since front projection and large flat-panel displays are viewed as equally viable solutions in many installs these days, so why have two different divisions working on the same business?
More Stories Like This
Samsung Announces What It WON’T Be Making
It’s InfoComm season and the PR blitzes are in full-force announcing new products that will be available to see LIVE in Las Vegas next week. We’re used to this being a period of time for product announcements and merger and acquisition news, so it was unique to see a company make an announcement about what […]
Kayye’s Krystal Ball: 2021 Edition
Welcome to my 21st annual Kayye’s Krystal Ball! I love writing this annual predictions article — it’s both humbling and rewarding. It requires me to stop and research anything new, evaluate the potential impact it will have and then articulate it in a way that matters to readers. If you’re a regular reader of my […]
It’s Official! NEC and Sharp Joint Venture Creates Sharp NEC Display Solutions
Effective Nov. 1, 2020, Sharp Corporation (hereinafter “Sharp”) and NEC Corporation (hereinafter “NEC”) completed the previously announced transaction to form a joint venture by Sharp acquiring 66% of shares for NEC Display Solutions Ltd. (hereinafter “NDS”), a subsidiary of NEC. The new website is here. In connection with the completion of the transaction, NDS has […]