Topics: Industry, manufacturing

Nidec Selected as One of 20 Japanese Companies in the “World’s Best Companies 2023” Analysis Jointly Conducted by TIME and Statista

14 September 2023 21:55

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) announced today that it has been selected as one of the 20 Japanese companies (among 750 businesses in the world) in “World’s Best Companies 2023,” the first comprehensive analysis jointly conducted by TIME, a US weekly magazine, and Statista, a German operator of one of the world’s largest data platforms, to identify top-performing comp

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

13 September 2023 02:58

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

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

8 September 2023 01:47

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 2023 (local ti

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

7 September 2023 04:44

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 world’s fir

Nidec Powertrain Systems Develops New Clutch Control Module for HEVs

30 August 2023 03:35

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 environm

Nidec Instruments Launches New Semiconductor Wafer Transfer Robot

29 August 2023 21:58

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 wide varie

Nidec Power Train Systems Develops New Electric Oil Pump for CVT

23 August 2023 03:08

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 mechanical

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

2 August 2023 02:55

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

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

26 July 2023 22:13

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

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

20 July 2023 03:28

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

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

6 July 2023 09:17

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

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

4 July 2023 22:29

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

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

27 June 2023 02:46

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

Nidec Machine Tool to Launch New Cutting Tool Factory in India to Meet Growing Demand for Automotive and Related Components by Increasing Production Capacity by 1.5 Times

27 June 2023 00:30

Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”), a group company of Nidec Corporation, today announced that it will construct a new factory for Nidec India Precision Tools Ltd. (“NMTI”), the Company’s cutting tool manufacturer and seller in Ranipet of India’s Tamil Nadu State, to start production on Saturday, July 01. The new factory, with its production capacity 1.5 times

Nidec Develops Proof of Concept (PoC) for Digital Twin-type Intelligent Motor®

26 June 2023 22:29

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it has developed a proof of concept (PoC)*3 to realize an “Intelligent Motor® solution,” a system that the Company defined to adapt (i) Intelligent Motors®*1, which are equipped with microcomputers and data coupling and time synchronization functions, and (ii) products with an Intelligent Motor®, to digita

Digistart D4-D5, the new generation of electronic controllers for fixed speed applications

22 June 2023 05:32

The Nidec Leroy-Somer Digistart soft starter has been upgraded and brings fresh features with the D4 and D5 ranges. The new series are designed to better meet the productivity needs of fixed-speed equipment, and incorporate the latest control and protection technologies as well as embedded intelligence functions. The new starters not only start and stop the machines accurately and efficiently, the

CONTROL TECHNIQUES PROMOTES TECHNOLOGICAL SUSTAINABILITY BY TAKING PART IN THE 3BEE “ADOPT A HIVE” PROJECT

22 June 2023 05:17

As part of its 50th anniversary celebrations, Control Techniques Italy have decided to focus their attention on issues of sustainability and circularity, by supporting an initiative that blends technology, innovation, and commitment to the environment.
Control Techniques, a part of the Nidec group, who are leaders in the design, development, and manufacture of high-performance and highly effic

Nidec and Embraer announce joint venture agreement to develop Electric Propulsion System for emerging aerospace industry

17 June 2023 16:00

Kyoto, Japan – June 18th, 2023 – Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector. The transaction combines the complementary synergies and distinct areas of expertise of two w

Nidec Develops New Electric Power Steering Motor Power Pack

9 June 2023 02:52

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it has successfully developed a new electric power steering motor power pack*1 (“EPS-PP”).
Nidec’s New Column-Type EPS-PP
Since the 1990’s, Nidec has been developing and manufacturing EPS motors, which are embraced by auto manufacturers around the world today.
There are two types of EPS: the “colu

Nidec and Renesas Collaborate on Semiconductor Solutions for Next-Generation E-Axle for EVs

5 June 2023 03:41

June 5, 2023 ―Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Renesas Electronics Corporation (TSE:6723) have agreed to join forces on the development of semiconductor solutions for a next-generation E-Axle (X-in-1 system) that integrates an EV drive motor and power electronics for electric vehicles (EVs).
Today’s EVs are increasingly adopting the 3-in-1 unit called E-Axle, which integra