Nidec sees 4% rise in hard-drive motor shipments in fiscal 2014
KYOTO -- Nidec, the world's biggest manufacturer of hard-disk-drive motors, expects shipments of these tiny motors to rise 4% to 420 million units in the year to March 2015, the first increase in three years, President Shigenobu Nagamori told The Nikkei on Friday.
Sluggish personal computer sales caused the Kyoto-based firm's unit sales of hard-drive motors to fall in fiscal 2012 and the first half of fiscal 2013. However, PC replacement demand is projected to pick up as Microsoft ends support for its Windows XP operating system. In addition, demand for hard drives in game systems built by Microsoft and Sony is strong.
Nidec has raised its forecast for shipping volume in the October-December quarter to 101 million units, up 4% from the same period a year earlier. The outlook for the first three months of 2014 has also been revised upward to 100 million units, a 14% year-over-year increase. For fiscal 2013 as a whole, shipments are expected to total 404 million units, down 3% from the prior year.
Despite lower volume in the April-September 2013 period, Nidec's hard-drive motor sales rose from the prior-year period to 92.4 billion yen ($871 million) thanks to the weaker yen.