NEC in US$30m venture

PUBLISHED : Tuesday, 24 March, 1998, 12:00am
UPDATED : Tuesday, 24 March, 1998, 12:00am

NEC Corp has announced a US$30 million mainland joint venture with Beijing Hua Hong Integrated Circuit Design for the design and sales of semiconductors.

Scheduled to begin operations next January, Beijing Hua Hong NEC IC Design Co will design devices such as microcomputers, integrated circuit cards and other semiconductor products such as digital and still cameras, and mobile phones.

It is NEC's third semiconductor joint venture in the mainland.