NEC Electronics targets H1 oper profit above Y3 bln


TOKYO, July 30 (Reuters) - Japanese chipmaker NEC Electronics Corp said on Wednesday it aims for an operating profit of more than 3 billion yen ($27.79 million) in April-September, and that it aims to attain a net profit for the full year.

NEC Electronics, which is 70 percent owned by electronics group NEC Corp , kept its official six-month operating profit forecast unchanged at 3 billion yen, from 1.9 billion yen the previous year.

The company, which makes chips for Nintendo Co Ltd's game console Wii and for Toyota Motor Corp's Lexus luxury car, kept its full-year forecast for zero net profit and a 10 billion yen operating profit, which are both above market estimates.

The market consensus is for a 1.1 billion yen net loss and an operating profit of 7.7 billion yen, according to 11 analysts polled by Reuters Estimates. (Reporting by Mayumi Negishi; Editing by Chris Gallagher)



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