NEC Electronics Reports Results for the Third Quarter Ended December 31, 2009

KAWASAKI, Japan — NEC Electronics Corporation (TSE: 6723) today announced consolidated financial results for the three months and nine months ended December 31, 2009.

Consolidated net sales for the three months ended December 31, 2009 were 117.9 billion yen, down 10.6 billion yen, or 8.3 percent, year on year.

Despite the increase in sales of Automotive and Industrial products, Multi-Market ICs, as well as Discrete, Optical, and Microwave devices, sales of Consumer Electronics products decreased by more than 40 percent year on year and sales of Communication products decreased by more than 20 percent year on year.

Consumer Electronics

• Products: Semiconductors for consumer electronics and game consoles.
• Net sales: 16.9 billion yen (Down 15.4 billion yen, 47.6% year on year)

Sales of semiconductors for game consoles and sales of the company’s “EMMA” series, image-processing LSI chips for digital consumer electronics declined year on year.

Semiconductor Sales – Consumer electronics (Billion Yen):

                 FY2009            FY2010
-----------------------  ----------------
  Q1    Q2    Q3 |   Q4    Q1    Q2    Q3
----  ----  ---- | ----  ----  ----  ----
32.5  32.3  32.3 | 23.6  22.9  22.8  16.9

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