NEC to plough over S$100m into Asia-Pacific, largely for R&D
Singapore
INFORMATION technology (IT) and network technology solutions company NEC Corporation on Thursday said it is investing more than S$100 million in the Asia-Pacific region over the next five years, mainly for research and development.
At the heart of this investment is the set-up of its first Advanced Centre for Experimentation (ACE) in Singapore, to boost the company's global research and development (R&D) strengths.
TRENDING NOW
SpaceX surge further boosts Saudi billionaire prince’s fortune
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
Strong US dollar and tariff threats ignite broad Asian currency sell-off