News tagged with global slowdown

Japan's NEC to exit supercomputer project

Japan's ailing IT giant NEC Corp. said Thursday that it would withdraw from a government-backed supercomputer project as part of its efforts to cut costs during the economic slump.

dateMay 14, 2009 in Business
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Sony chief executive outlines turnaround plan

(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep losses.

dateNov 19, 2009 in Business
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