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Argentina: NEC Argentina invests US$100mil to change its strategy.

South American Business Information, July, 2001

Argentina, Jul 1, 2001

NEC Argentina is concentrating its business in the development of software and for this it opened a technology development center. As part of this new strategy, NEC Argentina decided to invest US$100mil in the country to operate in new areas in the local market. The company will expand its telecommunications business operating in the next generation network. Carlos Martinangeli, General Manager of NEC Argentina said that players in this sector predict that the total business volume will increase from US$8,400mil to US$14,000mil in the next five years. ...

 

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