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NEC stops producing new smartphones

Tablets and fixed-line phone business continues

Japanese technology company NEC Corporation says it has stopped developing, making and selling smartphones via its NEC CASIO Mobile Communications business.

The smartphone business is controlled by NEC, with Casio and Hitachi each owning a minority share.

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EC fines memory chip producers 331 million Euro for price cartel

The European Commission has announced a settlement decision in a cartel case that involved ten producers of DRAM memory chips. The fine, which totals €331,273,800 (around £286 million) includes a reduction of 10% for the companies' acknowledgement of the facts. The companies involved were Micron, Samsung, Hynix, Infineon, NEC, Hitachi, Mitsubishi, Toshiba, Elpida and Nanya. Micron was not fined because it revealed the existence of the cartel to the Commission in 2002. Only one of the companies – Infineon – was based in Europe but all sell their products in the European Economic Area (EEA) and must abide by EU law.

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NEC to merge mobile business with Casio and Hitachi

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