[photopress:NEC.jpg,full,alignright]NEC, a leading maker of semiconductors and integrated devices, said it expects to nearly double its sales in China to US$1 billion by 2010. The firm said the target will be achieved after heavy investments in digital TV and automotive applications.
Fumiaki Urase, president of NEC Electronics (China), said at the International IC-China Conference and Exhibition in Shanghai, ‘NEC Electronics plans to expand its product application ranges from the current home appliances, personal computers and communications to automotive and digital TV applications in China.
‘We expect an annual growth of more than 20% in China in the next few years to achieve sales of US$1 billion in the year 2010.’
Source: Shanghai Daily
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