Posted in | News | Electronics

NEC to Sell Off its 25% Stake in Sumitomo 3M

Jan 8 2003

It was announced yesterday that NEC would sell off their 25% stake in Sumitomo 3M Ltd. The deal is expected to generate approximately $375million for NEC.

NEC have taken the decision as part of their strategy to decrease assets.

The deal will increase 3M’s holding from 50% to 75%, with the remainder owned by Sumitomo Electric Industries Ltd.

Sumitomo 3M is the Japanese unit of 3M and services the electronics, industrial and health care sectors.

For more information on electronic devices, click here.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit
Defender™ Omega Handheld Raman Analyzer

Defender™ Omega Handheld Raman Analyzer

Ensure safe and rapid identification of explosives, chemical warfare agents, narcotics, and various chemicals using the Thermo Scientific Defender™ Omega Handheld Raman Analyzer. This highly versatile handheld analyzer allows for user-configurable scan profiles and expandable libraries, empowering users with flexible and customizable detection capabilities. Stay ahead with reliable and efficient chemical analysis in the palm of the hand.

From Thermo Fisher Scientific – Handheld Elemental & Radiation Detection

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback