UPDATE 4-NEC Electronics to merge production units


(Adds comments from news conference) TOKYO, Nov 28 (Reuters) - Japanese chip maker NEC Electronics Corp plans to halve the number of chip production units it runs in Japan in 2008, part of its efforts to cut costs as it shifts to more cost-effective smaller circuitry. The loss-making company, 70-percent-owned by NEC Corp , has been closing old production lines and slashing outsourcing costs and salaries. It is also seeking production alliances with other firms for liquid crystal display ...

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