UPDATE 2-NEC Electronics to merge production units-Nikkei


(Adds details, share price) TOKYO, Nov 28 (Reuters) - Japanese chip maker NEC Electronics Corp plans to merge its production units in Japan as it consolidates output lines to cut fixed costs, the Nikkei business daily said on Wednesday. The loss-making company, 70 percent-owned by NEC Corp , has been closing old production lines and slashing outsourcing costs and salaries in a bid to turn a profit. NEC Electronics, which makes chips for Toyota Motor Corp's Lexus luxury car and also for ...

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