ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Huawei crackdown

NEC's next CEO eyes global 5G demand as pressure on Huawei mounts

Morita says more competitive market environment is needed

NEC’s overseas sales account for about 25% of its total. Takayuki Morita, its incoming CEO, aims to raise the figure to 50%. 

TOKYO -- Japanese information technology company NEC announced Monday the appointment of current CFO Takayuki Morita as president and CEO starting April 1 next year in a bid for new growth on the back of fifth-generation, or 5G, telecommunications networks. 

Morita told reporters during an online news conference on Monday that he is aiming to "make a shift in the profit structure" of the company. He envisions strengthening NEC's business development, especially in the areas of digital finance, digital government, 5G, and AI, or artificial intelligence. "We will take a global lead in innovation in these areas," Morita said. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more