TOKYO, Jan 25 (Reuters) - Japan's NEC Electronics Corp. reported a swing to a quarterly loss on Wednesday, battered by sluggish sales of cellphone chips, and it stood by its outlook for a full-year loss.
The net loss at NEC Electronics, the microchip unit of electronics conglomerate NEC Corp. , came to 2.56 billion yen ($22.3 million) in the third quarter ended Dec. 31, compared with a 481 million yen profit a year earlier.
Its earnings were hit by slower-than-expected ...
Sign in to access
this Article
"NEC Electronics posts Q3 loss on slow chip sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
