A week in tech

All the latest tech news from around the region

Japan

Hardware

- NEC Corp. and Mitsubishi Electric Corp. both posted weak net profits for the fiscal first quarter, but stronger operating profits suggest the two Japanese electronics companies might be getting back on their feet . NEC said its net profit plunged 90% to 700 million US$5.8 millionfor the quarter ended June 30, from 7.2 billion US$60.3 billion in the year-earlier period, when itincurred a huge extraordinary gain on securities sales. Mitsubishi Electric said net fell 23% to 658million US$5.5 million from year-earlier net of 857 million US$7.1 million amid losses on itsinvestment in Renesas Technology, a semiconductor joint venture in Japan it has with...

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