TOKYO: Japan's NEC Corp<\/a> could spend up to 500 billion yen ($4.4 billion) over the next five years on acquisitions in order to bolster its technology offerings, including 5G mobile broadband<\/a>, the company's CEO said.
\"It's natural that we would have 500 billion yen in investment capacity,\" Takayuki Morita said at a press roundtable on Monday.
China has been leading the global rollout of 5G technology<\/a>, but tensions with the United States, which is concerned about Beijing's dominance in the key technology, may provide an opening for companies elsewhere to supply 5G technology.
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TOKYO: Japan's NEC Corp<\/a> could spend up to 500 billion yen ($4.4 billion) over the next five years on acquisitions in order to bolster its technology offerings, including 5G mobile broadband<\/a>, the company's CEO said.
\"It's natural that we would have 500 billion yen in investment capacity,\" Takayuki Morita said at a press roundtable on Monday.
China has been leading the global rollout of 5G technology<\/a>, but tensions with the United States, which is concerned about Beijing's dominance in the key technology, may provide an opening for companies elsewhere to supply 5G technology.
<\/p><\/body>","next_sibling":[{"msid":88138895,"title":"Vodafone Idea to deploy blockchain-enabled enterprise platform; partners Tanla","entity_type":"ARTICLE","link":"\/news\/tanla-vodafone-idea-sign-partnership-to-deploy-blockchain-enabled-platform-for-enterprises\/88138895","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":88140747,"entity_type":"ARTICLE","title":"NEC could spend up to $4.4 billion on acquisitions by 2025, says CEO","synopsis":"\"It's natural that we would have 500 billion yen in investment capacity,\" Takayuki Morita said at a press roundtable on Monday.","titleseo":"telecomnews\/nec-could-spend-up-to-4-4-bln-on-acquisitions-by-2025-says-ceo","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":457,"shares":0,"engagementtimems":2211000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2021-12-07 13:15:45","lastupd":"2021-12-07 13:38:43","breadcrumbTags":["NEC Corp","nec","japan s nec corp","5G mobile broadband","5g network","5G technology","telecom equipment","NEC 5g","nec corporation","international"],"secinfo":{"seolocation":"telecomnews\/nec-could-spend-up-to-4-4-bln-on-acquisitions-by-2025-says-ceo"}}" data-news_link="//www.iser-br.com/news/nec-could-spend-up-to-4-4-bln-on-acquisitions-by-2025-says-ceo/88140747">
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