Nidec plans to centralize chip procurement amid supply shortage

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Corporate developments

Chip shortages may persist and are forcing companies to implement more aggressive measures to ensure continuous supply

Nidec Corp, a producer of electric motors has announced that it would consolidate group semiconductor acquisitions under a single procurement unit to deepen connections with chip suppliers and ensure it could obtain crucial components despite supply disruptions, according to a report published by Reuters on 7 June 2022.

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