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NEC Plans Overseas Acquisitions to Reach 70% Profit Growth

Oct.05 — 122-year-old Japanese tech company, NEC, which was once the world’s top semiconductor manufacturer and pioneering maker of mobile phones, is now positioning itself to become a leader in next generation 5G wireless technology. The company also plans to make more acquisitions abroad to drive 70% profit growth. NEC CEO Takayuki Morita spoke to…

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Oct.05 — 122-year-old Japanese tech company, NEC, which was once the world’s top semiconductor manufacturer and pioneering maker of mobile phones, is now positioning itself to become a leader in next generation 5G wireless technology. The company also plans to make more acquisitions abroad to drive 70% profit growth. NEC CEO Takayuki Morita spoke to Bloomberg exclusively to Pavel Alpayev about his ambitious goals.

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  1. Randolph Atkins

    October 5, 2021 at 10:44 pm

    9p0xuj

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Bloomberg’s Annabelle Droulers breaks down what investors can learn from Anthropic’s S1 filing, which provides audited figures on the company’s financial fundamentals. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:   Get the latest in tech from Silicon Valley and…

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Bloomberg’s Annabelle Droulers breaks down what investors can learn from Anthropic’s S1 filing, which provides audited figures on the company’s financial fundamentals.
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Anduril Industries and Qualcomm are producing laptops designed and assembled in the US, called BlueChip, to supply critical industries. Ed Ludlow has more on “Bloomberg Open Interest.”
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SoFi CEO Anthony Noto says the company’s growth shows it’s better able to handle economic uncertainty. The fintech firm raised its full-year net revenue guidance to about $5.04 billion and saw demand for its lending products grow. Noto joins Ed Ludlow on “Bloomberg Tech.”
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