Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Hitachi, NEC to Use Internet Phones
Jul 6, 2004
 Printable format
 Email this Article
 Search

Japanese electronics giants Hitachi and NEC said they plan to spend a combined 6 billion yen (approx. U.S. $55 million) to replace their existing phone systems with less expensive Internet-based voice systems.

Hitachi plans to set up 30,000 Internet Protocol (IP) telephones by March 2007, reducing its annual 16 billion yen phone costs by more than 10 percent, its spokesman said. The company eventually plans to expand the use of such phones to its group companies, installing 70,000 additional phones. Its total investment is expected to be about 4 billion yen ($37 million), he said.

NEC plans to invest about 2 billion yen and install about 30,000 Internet phones by September 2005, a company spokeswoman said.

The business daily Nihon Keizai Shimbun reported that NEC expects to cut its annual phone costs by nearly 20 percent from its current 7 billion yen. The NEC spokeswoman declined to comment on the company's costs or expected savings. (CBS MarketWatch.com)

Back to Daily News

 

Daily News

...........................................................

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows