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Business

Nidec invests for sevenfold boost in robot parts production

Orders soaring on demand for automation due to labor shortages

Nidec will add equipment to increase production of speed reducers.

OSAKA -- Japanese electric motor manufacturer Nidec plans a sevenfold increase in production capacity for a key part used in industrial robots, as growing demand for those machines due to labor shortages proves a boon for related industries as well.

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