Nidec to Acquire Whirlpool Corporation’s Compressor Business
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire the compressor business (“Embraco”) of Whirlpool Corporation (“Whirlpool”) (the “Transaction”). For this purpose, Nidec entered into a stock purchase agreement on April 24, 2018 (Japan time).
Nidec Develops Fully Integrated Traction Motor System (E-Axle)
Today, Nidec, a Kyoto-based leading global manufacturer of electric motors, announced the successful development of a new fully integrated automotive traction motor system (e-axle) comprising an electric motor, reduction gear box and inverter. This new system is the latest and most advanced iteration of the company's e-axle developed to respond to the growing demand for automobile electrification.
Nidec Industrial Solutions to Supply Shore-to-Ship Power to the Docks of Genoa Port
Nidec Corporation today announced that one of its Italian subsidiaries has signed a contract worth 8 million euros to design and construct a system for the port of Genoa that will enable docked vessels to plug in to the national grid and access all the energy they need to be fully operative without having to switch on their on-board engines, reducing ship emissions and noise pollution.
Nidec to Showcase Latest Automotive Technologies at Auto China 2018
Kyoto, Japan: Today, Nidec Corporation announced that its automotive division will exhibit at Auto China 2018 to be held in Beijing, China in April - May this year. Nidec's electric motors are already used in tens of millions of automobiles across the world and Auto China 2018 provides an excellent opportunity for the company to showcase its latest technologies.
Nidec Founder Shigenobu Nagamori Shares his Outlook on Four Brushless DC Motor Related Trends
Following the announcement of Nidec’s financial results for the third quarter of FY2017, Nidec’s founder and CEO, Shigenobu Nagamori, held a presentation in Tokyo, Japan in which he discussed upcoming and ongoing trends in industries that depend on electric motors and Nidec’s approach to expanding production capacity.
Nidec Center for Industrial Science Starts Operations
After a year of construction, the first section of the new Nidec Center for Industrial Science in Seika-cho, Kyoto prefecture has been completed. The new facility will bring together companies, research institutions and universities from all around the world and serve as a global hub for research and development of technology aimed at making manufacturing more efficient.
Summary of Statements Made at the Press Conference held on February 15
On February 15, 2018 Nidec held a press conference about the appointment of a new President and Chief Operating Officer. The following is a summary of the statements made by the executives speaking at the press conference.
Nidec Appoints New President and Chief Operating Officer
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced the appointment of new president effective June 20, 2018 upon shareholder approval at the Regular General Meeting of Shareholders and a subsequent meeting of the Board of Directors to be held on the same day.
Nidec at CES 2018 - The world's largest motor maker is responding to the biggest industry trends
Nidec, as the world’s largest comprehensive manufacturer of motors, showed a full display of technologies for a diverse field of applications at CES 2018. Motors are needed for every single technology that moves, meaning that Nidec felt perfectly at home during what was their third appearance at CES.
NEC and Nidec develop technology to control robots equipped with Intelligent Motors
NEC Corporation (NEC; TSE: 6701) and Nidec Corporation (Nidec; TSE: 6594; OTC US: NJDCY) announces the successful joint development of a technology that enables highly precise, real-time remote control of Intelligent Motors, motors incorporating microcomputers through a wireless network.