1899day.year
NEC Corporation is organized as the first Japanese joint venture with foreign capital.
NEC Corporation launches as Japan’s first joint venture company backed by foreign investment.
On July 17, 1899, Nippon Electric Company (NEC) was founded through a partnership between Western Electric Company of the United States and Japanese investors. This collaboration marked the first instance of significant foreign capital participating in a Japanese enterprise. NEC would become a cornerstone of Japan's telecommunications industry, pioneering telephone exchange systems and later branching into electronics and computing. The company's establishment symbolized Japan’s rapid industrialization and openness to global business ties.
1899
NEC