NEC Corp. will transfer its business of office telephones and point-of-sale devices to affiliated Nitsuko Corp. next April as part of efforts to reorganize NEC group companies, top officials of the two firms announced on Friday.
Under the deal, NEC Corp. will transfer about 1,100 employees working in the two sectors to Nitsuko Corp. as of April 1, including about 900 workers at manufacturing facilities in Thailand.
NEC Corp. generates about 25 billion yen in annual sales in each of the office telephone business and the point-of-sales, or POS, device business. POS is a sales management system widely used at such places as convenience stores and restaurants.