Nidec's development history in China

Nidec's business in China began in February 1992, when it established a factory in Nidec (Dalian) Co., Ltd. In 2002, the company established another company in Pinghu Economic Development Zone, Jiaxing, Zhejiang, with a total investment of US$97.5 million. By 2023, the company's revenue exceeded 117 billion yuan.