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Blue Chip Growth

Stock Report: () Report Updated: Jul 25, 2016 | Print This Page

Get more stock ratings by Louis Navellier

(NJ)

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Company Profile

NIDEC Corporation manufactures and sells electric motors and related components and equipment worldwide. It offers hard disk drives spindle motors and other small precision motors for optical disk drives, electronic cooling fans, refrigerators, DVD recorders, laser printers, copiers, polygon scanners, automobiles, and other applications, as well as vibration mechanism for mobile phones. The company also provides automotive motors, power-train components, sensors, and electronic controls for power steering systems, dual-clutch transmission systems, engine cooling systems, seat adjusters, window lifts, vehicle traction systems, collision avoidance and mitigation systems, and other products; and home appliances motors for air purification systems, washing machines, refrigerators, dish washers, and other products. In addition, it offers commercial and industrial motors and systems for processing lines, rolling mills, mining equipment, heat pump and water heater systems, elevators, escalators, air conditioning systems, commercial food refrigerators, floor care equipment, utility and material handling vehicles, aerial lifts, monitoring systems, barrier-free facilities, electric tools, air compressors, marine propulsion systems, wind and photovoltaic power generation systems, and other products. Further, the company offers transfer robots for liquid-crystal-display panels, semiconductor wafers, and other products; card readers; mechanical pressing and food packaging machines; power transmission systems; shutters and lens units for digital still cameras and mobile phones; switches; trimmer potentiometers; precision plastic moldings; plastic metal casings; and music box products, as well as logistic services. It serves hard disk drives, electric household appliances, automation equipment, automotive components, home video game consoles, telecommunication equipment, and audio-visual equipment manufacturers. The company was founded in 1973 and is headquartered in Kyoto, Japan.