Japan’s top five IC giants’ first rays of profit

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Japan's top five IC giants' first rays of profit

Nihon Keizai Shimbun reported that the combined losses of the five Japanese IT giants Fujitsu, Mitsubishi Electric, Toshiba, NEC and Hitachi for this fiscal year (ending March 2003) will come to 21 billion yen, only a fraction of last fiscal year’s combined losses of over 500 billion yen.

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