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Motor makers under pressure from Foxconn-Nidec cooperation

Nuying Huang, Taipei; Adam Hwang, DIGITIMES Asia Wednesday 22 September 2021 0

Tatung chairman MK Lu. Credit: DIGITIMES

Foxconn Electronics (Hon Hai) and Japan-based Nidec will set up a joint venture specifically for developing, producing and marketing motor-based power trains for use in electric vehicles (EVs), and this will bring competitive pressure on Taiwan-based...

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