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Minebea, Mitsumi aim to become more than sum of their parts

TOKYO -- Japanese bearing maker Minebea and electronic parts manufacturer Mitsumi Electric on Monday said they will integrate their businesses in April 2017. The move is the companies' answer to stiff competition in the emerging field of Internet-enabled devices.

     The combined entity will handle a broad range of products, from sensors to integrated circuits, communications equipment to motors. It will fuse Minebea's metal processing technology, developed through years of bearing production, and Mitsumi's electric circuit design know-how.

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