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.
