Nidec

13 September 2023 02:58

Three Nidec Companies to Exhibit Boring Machine, Machining Centers, and Gear Machine at EMO 2023, Aiming to Expand Their Shares in European Machine Tool Market

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) announced today that Nidec Machine Tool Corporation, Nidec OKK Corporation, and PAMA S.p.A. (“PAMA”) – the three companies in the Nidec Group’s machine tool business – will exhibit their products at European Machine Tool Exhibition (EMO) 2023, one of the world’s four major machine tool exhibitions, to be held in Hannover, Germany from Se

8 September 2023 01:47

Nidec’s Motion & Energy India holds Groundbreaking Ceremony for greenfield project in Karnataka India, plans to invest Rs 450 Cr ($55M)

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec Group”) announced today that Nidec Industrial Automation India Private Limited, one of its subsidiaries, has held a groundbreaking ceremony for a new factory Campus in Hubli-Dharwad, Karnatakain the Republic of India (“India”).

1. About the Groundbreaking Ceremony:
Time & date: 12.00PM to 1.00PM on Tuesday, 5thSeptember 20

7 September 2023 04:44

Nidec Control Techniques’ Commander S has gone on to win the Hong Kong Innovation and Technology Achievement Silver Award

MULTI-AWARD-WINNING DRIVE TRIUMPHS AGAIN INNOVATIVE TECHNOLOGY AND MANUFACTURING EXCELLENCE

Launched in April 2022, Commander S has gone on to win multiple awards in its short lifespan, and we are pleased to announce that our reliable, easy-to-use and cost-effective electric drive has triumphed again. Breaking away from the traditional method of drive interaction, Commander S is the wor

30 August 2023 03:35

Nidec Powertrain Systems Develops New Clutch Control Module for HEVs

Nidec Powertrain Systems Corporation (“Nidec Powertrain Systems” or the “Company”), a wholly owned subsidiary of Nidec Corporation, announced today that it has developed a new clutch control module for hybrid electric vehicles (“HEVs”).

Nidec Powertrain Systems’ Latest Clutch Control Module
While the demand for battery electric vehicles (BEVs) is increasing amid the growingly strict envi

29 August 2023 21:58

Nidec Instruments Launches New Semiconductor Wafer Transfer Robot

Nidec Instruments Corporation (“Nidec Instruments”), a wholly owned subsidiary of Nidec corporation, today announced the release of its latest semiconductor wafer transfer robot.

Nidec Instruments’ Latest Semiconductor Wafer Transfer Robot, SR7163 series
Despite a temporary slowdown in 2023, the global semiconductor market is expected to expand from 2024 after demand recovers in a wi

23 August 2023 03:08

Nidec Power Train Systems Develops New Electric Oil Pump for CVT

Nidec Power Train Systems Corporation (the “Company”) announced today that it has successfully developed a new electric oil pump for automotive CVT (continuously variable transmission) systems.

Nidec Power Train Systems’ New Electric Oil Pump
This latest product is used to supply oil pressure to the CVT system of a vehicle in the idling-stop mode, and support a car’s engine-driven mechan

2 August 2023 02:55

Nidec Completes Acquisition of Automatic Feed Company and Related 2 Companies, US-based Press Machine Equipment Manufacturers

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has acquired full ownership of Automatic Feed Company, Lasercoil Technologies LLC, and Automatic Leasing Company, privately- owned US companies (collectively the “Target”), from its founding family on August 1, 2023 (the “Transaction”). As a result of the Transaction, the Target became a consol

26 July 2023 22:13

Powerdrive MD Smart: the connected variable speed drive solution for high power process applications

Thanks to a strong experience resulting from close partnerships with end-users and OEMs, Nidec Leroy-Somer is offering Powerdrive MD Smart, an all-inclusive ready-to-use drive in line with the expectations of the major players in the process market segment. Compact and robust, this 100%-connected new generation drive includes all equipment needed for protecting, controlling, interfacing and runnin

20 July 2023 03:28

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2023

KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2023.
The highlights are as follows:
Net sales increased 4.8% Y/Y to ¥566.1 billion. Operating profit increased 34.7% Y/Y to ¥60.2 billion, marking a record high on a quarterly basis. P

6 July 2023 09:17

The 250kW and 180kW Models of Nidec’s E-Axle Traction Motor System are Officially Adopted for the Car to Commemorate GAC New Energy Automobile’s Production of 20 Millionth Vehicle

Nidec Corporation (TSE: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) announced today that AION Hyper GT, each unit equipped with a Nidec-produced E-Axle model, has been selected as the vehicle for AION, the GAC Group’s EV-dedicated brand, to commemorate the production of its 20 millionth new-energy vehicle. AION made this announcement during the ceremony to mark the occasion at its factory in

4 July 2023 22:29

Nidec Completes Acquisition of Houma Armature Works, a US-based Motor and Generator Service Provider

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a privately- owned US company (“Houma”), from its founding family, through the Company’s subsidiary, Nidec Motor Corporation (“NMC”), on July 3, 2023 (US time) (the “Transaction”). As a result of the Transaction, Houma became a consolid

27 June 2023 02:46

SoftBank Corp. and Nidec Jointly Develop Light-weight, High-efficiency and High-reliability Motor for High Altitude Platform Stations

Tokyo and Kyoto, Japan – June 27, 2023 – SoftBank Corp. (TOKYO: 9434) (“SoftBank”) today announced that it and Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) have jointly developed a light-weight, high-efficiency, and high-reliability axial flux-type motor for High Altitude Platform Stations (“HAPS”). This newly developed motor also meets the specifications required for

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