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BtoB

NEC, Hitachi announce alliance

Published on .

Tokyo--Using a strategy that has grown increasingly common in the tech arena, NEC Corp. and Hitachi announced an alliance Wednesday that may include a joint venture to develop DRAM (dynamic random-access memory) chips. The companies' DRAM chips will be merged under a single brand to leverage economies of scale and shared expenses. Both companies said that alliances are necessary in the increasingly competitive semiconductor market.
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