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NEC to Sell Shares in Hua Hong Semiconductor

NEC to Sell Shares in Hua Hong Semiconductor

   Tokyo, Feb. 17 (Jiji Press)--Japanese electronics maker NEC Corp. <6701> said Wednesday it will sell its shares in Hong Kong-based Hua Hong Semiconductor Ltd. as part of a review of its strategic shareholdings.
   The gain on the sale of the company, listed on the Hong Kong stock exchange, is estimated at 58.1 billion yen.

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AFP-JIJI PRESS NEWS JOURNAL


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