UPDATE 3-NEC Elec sees 05/06 loss, Advantest keeps outlook

Newswire

(Recasts, adds Advantest results, forecasts) By Kiyoshi Takenaka and Mariko Katsumura TOKYO, Oct 26 (Reuters) - Japanese chip maker NEC Electronics Corp. swung to a first half loss and forecast a deeper full-year deficit than expected while chip-tester maker Advantest Corp. stuck to its annual forecast of a 2.8 percent net profit decline. In light of its disappointing performance, NEC Electronics President and Chief Executive Kaoru Tosaka will step down on Nov. 1 and the company will ...

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