Takayuki Morita, CEO of NEC Corporation: a generative AI based on the Japanese language, a first in the world
January 17, 2024 at 01:46 pm EST
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(MT Newswires) -- Takayuki Morita, CEO of NEC Corporation, reveals that the company has developed a generative AI based on the Japanese language, a world first. He points out that an investment of 100 million dollars has been made in R&D, which has led to innovations in the field of AI. Morita plans to increase investment in AI models and their applications, expecting rapid growth in this sector in the current year. The CEO believes that digital transformation, AI and communications will be at the heart of NEC's business for the foreseeable future. Finally, Morita also discussed the importance of government support in strengthening the competitiveness of the semiconductor industry.
NEC Corporation specializes in the manufacturing and marketing computing and telecommunication equipments. Net sales break down by activity as follows:
- IT services (53.9%): integration, maintenance, outsourcing, support services, etc.;
- sale of IT infrastructure products and network systems (17%). In addition, the group provides network services;
- sale of digital government and financial services software (14.9%);
- other (12.7%): sale of hardware, mobile telephones, lighting products, energy management and storage systems, etc.
Net sales are distributed geographically as follows: Japan (75%), Asia/Pacific (11.2%), Europe/Middle East/Africa (9.8%) and Americas (4%).