  Named entity classification is the task of classifying text-based elements
into various categories, including places, names, dates, times, and monetary
values. A bottleneck in named entity classification, however, is the data
problem of sparseness, because new named entities continually emerge, making it
rather difficult to maintain a dictionary for named entity classification.
Thus, in this paper, we address the problem of named entity classification
using matrix factorization to overcome the problem of feature sparsity.
Experimental results show that our proposed model, with fewer features and a
smaller size, achieves competitive accuracy to state-of-the-art models.
