TOKYO -- Nikon plans to cut 2,000 jobs, or 10% of its workforce, mainly due to a downturn in its mainstay camera business and structural changes in the global semiconductor industry, highlighted by sluggish performance of top American chipmaker Intel.
Companies
Nikon plans reform to reduce reliance on key customer Intel
Japanese group goes on price-cutting drive in chipmaking machine market
Nikon has been supplying 70%-90% of its chipmaking machines to Intel, according to a securities analyst, but is now seeking new customers (Source photos by Shinya Sawai and Yuichi Nitta).
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