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Business

Japan's Nidec to bring acquisitions' R&D under one roof

Components maker speeding push into robot, electric vehicle parts

OSAKA -- Acquisitive Japanese manufacturer Nidec plans to consolidate head office and development operations for key subsidiaries at a second headquarters, seeking to spur innovation in robotics, electric-vehicle components and other fields.

The Kyoto-based supplier of mechanical components has disclosed 57 acquisitions to date and recently announced a partnership with French automaker PSA in traction motors for electric cars.

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