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Japan's Nidec Considering Sale of Unit

Kyoto, Sept. 30 (Jiji Press)--Major Japanese motor manufacturer Nidec Corp. is considering the sale of its electronic component subsidiary, Nidec Components Corp., informed sources said Wednesday. The parent company is in talks with U.S. investment fund Carlyle over a deal expected to exceed 100 billion yen. The planned sale of the key subsidiary is seen as an attempt by Nidec to shore up...

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More in Business

Construction Orders Rebound, but Recovery Still Years Away

Even as key leading indicators such as construction orders and permits have begun to rebound, coincident indicators reflecting actual construction activity remain weak.

  • Construction orders rebounded, but actual activity remains weak
  • Full recovery projected not until 2027
  • Cost surge hampers growth and recovery

AMD CEO Lisa Su to Return to Korea, Deepening Samsung Ties

Lisa Su, chair and chief executive officer of AMD, a global semiconductor company, is set to revisit South Korea next month.

  • AMD CEO Lisa Su returns to South Korea next month.
  • Meeting with South Korean officials to discuss cooperation.
  • Potential AMD-Samsung Electronics high-level meeting explored.

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