KYOTO, Japan -- Japanese motor maker Nidec has pivoted to the artificial intelligence sector for growth after reeling from China's ultracompetitive electric vehicle market, with investors taking notice.
Electronics
From EVs to AI: Japan's Nidec maps fresh pathway to record profit
Bets on server cooling component help drive rebound in stock prices
Nidec expects to earn a record profit this fiscal year following challenges in the EV motor business. (Photo by Kosaku Mimura)
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