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NEC Corporation of America company history timeline

1963

1963: Marketing subsidiary is established in the United States.

1964

Furthermore, Nippon Electric's transmission equipment, Cassegrain antenna (satellite communications parabola antenna), and monitoring facilities were actively used for the live international television broadcasting of the Tokyo Olympic Games in October 1964.

A concerted effort at global expansion was initiated in 1964 when Kobayashi Koji became NEC’s president, propelling the company’s growth, which until that time had relied heavily on sales to the Japanese government.

In 1964 Cray’s CDC 6600 replaced Stretch as the fastest computer on Earth; it could execute three million floating-point operations per second (FLOPS), and the term supercomputer was soon coined to describe it.

1965

In June 1965, Nippon Electric received an order for a control radar system jointly with Mitsubishi Electric Corporation.

1966

The fact that NEC was in charge of memory at a large project of the Ministry of International Trade and Industry in 1966 is the beginning of the development of high-speed n-channel MOS type memory.

1968

1968: First overseas factories are opened in Mexico and Brazil.

1969

The results were announced at the International Solid-State Circuits Conference (ISSCC) in 1969.

1970

The final stage of this rocket, called Lambda 4 type, was planned to become a satellite, and in February 1970, Japan's first satellite "Osumi" was born due to the success of this launch.

In Europe NEC participated in joint research and development of equipment and operating systems with Honeywell and the French government-controlled computer company Fédération des Equipes Bull, especially after 1970 when Honeywell took over General Electric Co.’s position in Bull-General Electric.

1976

The microcomputer sales department led by Kazuya Watabe released the training kit "TK - 80" in August 1976 in order to help users understand microcomputers and develop new markets, and the support center "Bit-INN" was opened in Akihabara.

1977

1977: Company President Koji Kobayashi puts forth his prescient vision of "C&C"--the future integration of computers and communications.

1978

In response, NEC acquired Electronic Arrays, Inc., in 1978, becoming one of the first Japanese companies to locate some of its semiconductor operations in the United States.

1980

Under Kobayashi and Tanaka, NEC tripled its sales volume in the ten years to 1980.

1981

1981: NEC Electronics, Inc. is formed as the company's manufacturing and marketing arm for semiconductors in the United States.

1983

In 1983 Hillis cofounded the Thinking Machines Corporation to design, build, and market such multiprocessor computers.

Queen Elizabeth was present at the opening ceremony of NEC Semiconductors (UK) (1983)

1984

By 1984 NEC had sold more than one million personal computers in Japan.

1985

In 1985 the Cray-2, a four-processor computer, became the first machine to exceed one billion FLOPS.

1987

In 1987 Honeywell, Bull, and NEC formed Honeywell-Bull Inc., with 42.5, 42.5, and 15 percent ownership, respectively.

1988

For instance, in 1988 HiTech, built at Carnegie Mellon University, Pittsburgh, Pa., used 64 custom processors (one for each square on the chessboard) to become the first computer to defeat a grandmaster in a match.

1989

In 1989 another United States subsidiary, NEC Technologies, Inc., was established to handle the company's computer peripheral operations in the United States.

By 1989, NEC's sales had reached ¥3.13 trillion ($21.3 billion). The company's focus on C&C had led it to top five positions in computer chips, computers, and telecommunications equipment.

1990

In January 1990, as part of the 90th anniversary commemoration project, the new head office building "NEC Super Tower" was completed at Shiba 5-chome, Minato-ku, Tokyo where the company originated.

By 1990 the company, whose Japanese personal computers used a proprietary NEC operating system, held a commanding 56 percent share of the Japanese market, as well as a top five position in the United States, where it sold PC clones.

1991

In Europe, NEC began selling its IBM-compatible PowerMate line in 1991.

1993

In late 1993 the relationship between NEC and Groupe Bull was strengthened with an additional NEC investment of ¥7 billion ($64.5 million) in the troubled state-owned computer manufacturer.

1994

In 1994 NEC announced the development of the SX-4 series of supercomputers, touted as the world's fastest.

1995

In 1995 NEC spent $170 million to gain a 19.9 percent stake in Packard Bell Electronics, Inc., the leading United States marketer of home computers.

1996

In February 1996 IBM’s Deep Blue, using 192 custom-enhanced RS/6000 processors, was the first computer to defeat a world champion, Garry Kasparov, in a “slow” game.

By 1996 NEC had a 17 percent stake in Groupe Bull.

During fiscal 1996, for example, NEC entered into several joint ventures in China for the production and marketing of PBXs, PCs, and digital microwave communications systems and in Indonesia for the manufacture of semiconductors.

1996: NEC and Packard Bell merge their PC businesses outside of China and Japan into a new firm called Packard Bell NEC Inc.; Internet service provider Biglobe is launched.

1997

The Commerce Department in March 1997 ruled in Cray Research's favor and imposed a 454 percent tariff on NEC's supercomputers.

In May 1997 NEC took a 30 percent stake in a $1 billion joint venture to construct the largest semiconductor factory in China.

In October 1997 NEC began selling PCs in Japan with Intel microprocessors and the Windows 98 operating system.

Developed world's first 1 Gbit DRAM (also developed the world's first 4Gbit DRAM in 1997)

1998

1998: NEC gains majority control of Packard Bell NEC.

At the same time, fierce international competition among both electronics and chip makers was cutting drastically into profit margins on consumer electronics and semiconductors. As a result, net income for fiscal 1998 plummeted 55 percent, and the following year NEC--further battered by a sharp increase in the value of the yen--fell into the red, posting a net loss of ¥157.9 billion ($1.34 billion), its largest loss to that time.

1999

After NTT DOCOMO began its i-mode Internet access service in February 1999, NEC released the Digital Mova N501i Hyper in March.

1999: Company reports a net loss of $1.34 billion for the fiscal year ending in March; major restructuring ensues.

Late in 1999, with Packard Bell NEC on its way to posting another loss, NEC pulled the plug.

At the end of 1999, Hajime Sasaki took over as NEC chairman, and Koji Nishigaki replaced Kaneko as president.

NEC also shifted its focus from hardware to the Internet and Internet-related software and services, building on its ownership of Biglobe, one of the leading Internet service providers in Japan, boasting 2.7 million members in late 1999, three years after the service's launch.

2000

In 2000 NEC reorganized its corporate structure to facilitate Internet-related sales and service.

Both NEC Soft, Ltd., a developer of software, and NEC Machinery Corporation, a producer of semiconductor manufacturing machinery and factory automation systems, were taken public in 2000.

2002

In February 2002 NEC sold about a one-third interest in NEC Mobiling, Ltd., a distributor of mobile phones and developer of software for mobile and wireless communications network systems, to the public.

Earth Simulator began operation in March 2002 as initially planned.

An additional 14,000 job cuts were announced in early 2002, along with additional plant closings and the elimination of certain noncore product lines.

2002: Bulk of NEC's semiconductor business is shifted to a newly formed subsidiary, NEC Electronics Corporation.

2003

NEC then reduced its stake in the newly formed company to 70 percent through a July 2003 IPO that raised ¥155.4 billion ($1.31 billion).

2007

In particular, the 5th through 10th fastest Chinese supercomputers in 2007 were owned by a company with online rights in China to the electronic game World of Warcraft, which sometimes had more than a million people playing together in the same gaming world.

2008

The first computer to exceed 1,000 TFLOPS, or 1 petaflop, was built by IBM in 2008.

2011

NEC formed a joint venture with the Chinese personal computer maker Lenovo in 2011.

2016

The joint venture, Lenovo NEC Holdings, had about 25 percent of the Japanese personal computer market and was almost completely acquired by Lenovo in 2016.

2020

Became a Gold Partner for the Tokyo 2020 Olympic and Paralympic Games in the categories of “Specialist Public Safety Equipment & Software” and “Network Equipment”

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Founded
1963
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