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Japan's Nidec makes foray into robot business

World's largest motor maker mulls in-house chip production amid supply crunch

Nidec founder and Chairman Shigenobu Nagamori stressed on Wednesday "it's risky to buy all semiconductors from other companies." (Screenshot from Nidec's website)

TOKYO -- Nidec, the world's largest motor maker, has added robots to its core products along with electric vehicle motors, as the Japanese company continues its dramatic expansion of businesses in the hard disk drive sector to home appliances.

The Kyoto-based company will provide key components for robots, said founder and Chairman Shigenobu Nagamori on Wednesday. "This is going to become a market worth tens of billions of dollars," he predicted during an briefing for the October-December earnings. He noted that factories around the world are rapidly automating.

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