| KAWASAKI, Japan — NEC Electronics Corp. has created a wholly-owned subsidiary out of its ULSI Manufacturing Engineering and Advanced SoC Line Operation units to be called NEC Fabserve Ltd., the company said Friday (July 2). The company, to be located in Sagamihara, Japan, would offer services such as chip prototyping, volume production optimization and equipment maintenance. NEC Fabserve has approximately 1,300 employees and annual sales are projected to reach approximately ¥22.0 billion (about $200 million) for the fiscal year ending March 2005. "Our goal is to help customers negotiate the bridge between semiconductor development and manufacturing, by offering specialized skills and know-how that bring added value to their businesses," said Naoaki Yasumi, president of NEC Fabserve. | 
