Latest news for Nidec (OTC:NNDNF) Stock

Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations.

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Foxconn Ropes In Nissan And Nidec Veteran As EV Leader

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Nidec Corp

Nidec GAAP EPS of ¥97.50, revenue of ¥648.17B, updates FY24 and 1H guidance

Nidec Corporation (NJDCY) Q1 2024 Earnings Call Transcript

AMR Update - Mid-2024

There's a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Nidec (NNDNF – Research Report) and Reliance W...

Analysts Offer Insights on Industrial Goods Companies: Nidec (OtherNNDNF) and Reliance Worldwide Corp. Ltd. (OtherRLLWF)

Citi analyst Takayuki Naito reiterated a Buy rating on Nidec (NNDNF – Research Report) today and set a price target of Yen9,300.00. The company's s...

Citi Sticks to Its Buy Rating for Nidec (NNDNF)

Citi lists Developed Market stocks with high revenue exposure to China

Nidec Corporation (NJDCY) Q2 2024 Earnings Conference Call Transcript

Nidec Corporation 2024 Q2 - Results - Earnings Call Presentation

Jefferies analyst Akinori Kanemoto maintained a Buy rating on Nidec (NNDNF – Research Report) on October 25 and set a price target of Yen4,800.00. ...

Jefferies Keeps Their Buy Rating on Nidec (NNDNF)

Nidec Remains A Buy With Operating Profit Beat And Favorable Outlook

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Nidec

<ul>
	<li>Hon Hai Precision Industry Co Ltd&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/hnhpf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">HNHPF</a>), operating as&nbsp;Foxconn Technology Group, named automotive veteran Mr. Jun Seki to be the Group&#39;s Chief Strategy Officer for electric vehicles effective from 1 February&nbsp;<a class="editor-rtfLink" href="https://www.honhai.com/en-us/press-center/press-releases/latest-news/987" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">2023</a>.</li>
	<li>Seki is a seasoned executive with two Japanese icons,&nbsp;Nissan Motor Co, Ltd&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/nsanf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NSANF</a>) (OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/nsany#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NSANY</a>) and the largest electric motor maker&nbsp;Nidec Corp&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/njdcy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NJDCY</a>) (OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/nndnf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NNDNF</a>).</li>
	<li>Also Read:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/government/23/01/30546096/taiwanese-foxconn-driven-towards-mexico-due-to-demand-for-ev-sophisticated-chips-and-geopolitical-te" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Taiwanese Foxconn Driven Towards Mexico Due To Demand For EV, Sophisticated Chips And Geopolitical Tensions</a></li>
	<li>Seki will assist the Group in integrating EV resources and development in the Americas, Asia, and the Middle East.&nbsp;</li>
	<li>Foxconn bolstered efforts to secure new revenue after grappling with thin margins and unprecedented Covid-induced challenges in China.</li>
	<li>Foxconn made aggressive advances in automotive over the past year by acquiring a pickup assembly plant from embattled&nbsp;Lordstown Motors Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIDE#NASDAQ">RIDE</a>), Bloomberg&nbsp;<a class="editor-rtfLink" href="https://www.bloomberg.com/news/articles/2023-01-30/foxconn-hires-ex-nidec-ceo-to-help-steer-its-fledgling-ev-arm?sref=TBDibEcD" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">reports</a>.</li>
	<li>In 2022,&nbsp;NXP Semiconductors NV&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/nxpi#NASDAQ" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NXPI</a>) collaborated with Foxconn to develop EV platforms.&nbsp;</li>
	<li>Foxconn aims to provide components or services to 10% of the world&#39;s EVs by 2025 to 2027, Chair Liu Young-way has said, vowing to lower manufacturing costs for carmaking with its assembly know-how as the&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/22/07/28128341/key-apple-supplier-nxp-semiconductors-forge-ev-partnership" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">world&#39;s largest contract electronics manufacturer</a>.</li>
</ul>

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