Nidec's most recent quarter underlines its ongoing challenges hitting its own profitability targets, as the company took another large charge for its e-axle business. This year looks challenging, as ...
Japanese motor manufacturer Nidec is shifting its growth strategy to focus on cooling devices for Generative AI (GenAI) servers, anticipating this business will grow to an annual scale of JPY 1 ...
Nidec posted ugly third quarter results, with a revenue miss driven by weak end-markets and a larger operating income miss driven by ongoing cost/margin issues. Management is launching an aggressively ...