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Nidec to Divest Low-Profit Units to Focus on AI and Energy Sectors

Nidec to Divest Low-Profit Units to Focus on AI and Energy Sectors

October 2, 2026 by Omar El Sayed - World Editor

Nidec Corporation has pledged to divest underperforming divisions including household appliances and automotive motors while pivoting capital toward artificial intelligence, advanced chips, and energy sectors, following an accounting scandal that … Read More

Categories World Tags AI, corporate governance, Energy, manufacturing, tech

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