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.
