The Blackfield ransomware gang is asking for a $2 million ransom from Nidec Corporation, a large Japanese manufacturer of electronic components for automotive and computing applications. Nidec is a ...

The company this week announced it has developed a prototype In-Rack CDU with a cooling capacity of up to 300kW to cool high-density AI hardware. The new product is Nidec’s highest-capacity In-Rack ...

The company has also confirmed plans to wind down its European joint venture. Credit: IgorGolovniov / Shutterstock.com Nidec plans to dissolve its e-axle joint ventures (JVs) as it shifts its focus to ...

Nidec is facing renewed investor backlash after disclosing details of quality control misconduct involving motors and other products, compounding the challenges confronting a once-admired manufacturer ...

TOKYO/KYOTO, Japan -- Japan's Nidec is suspected of having engaged in quality tampering involving more than 1,000 cases, extending a series of compliance issues at the world's largest motor maker that ...

Nidec Corp. is facing renewed investor backlash after disclosing quality control misconduct involving motors and other products it supplies to other companies, compounding the challenges confronting a ...

Two workers were killed and another seriously injured after a compressor exploded during routine testing at a factory in the Sahibabad industrial area of Ghaziabad, police said on Saturday (May 9, ...

Nidec shares jumped after activist investor Oasis Management disclosed a sizable stake in the Japanese motor maker and called for governance reforms. The company's Tokyo-listed stock rose as much as 7 ...

(RTTNews) - Nidec Corp. (NJDCY, 6594.T), a Japanese manufacturer of electric motors, announced that it expects to record around 250 billion yen in impairment charges after an investigation found ...

TOKYO, March 3 : Japanese electric motor maker Nidec warned on Tuesday that it could face 250 billion yen ($1.6 billion) in writedowns from a deepening accounting scandal that sparked the exit of its ...

Japan’s scandal-hit Nidec 6594-0.24%decrease; down pointing triangle flagged a nearly $890 million expected hit following a monthslong investigation into accounting irregularities at the company that ...