Nidec to strengthen ties with chipmakers

Japanese electronics parts maker Nidec says it plans to boost ties with semiconductor makers. The aim is to make it easier to procure their products amid the global chip shortage.

Nidec is a leading manufacturer of electronic parts such as motors. But the global chip shortage is making it difficult for the firm to meet demand for its products.

The company's efforts include setting its own design specifications that would become a guideline for chipmakers when they develop new semiconductors.

Nidec has established a new facility near Tokyo, to conduct its own research on semiconductors.

The company plans to select chipmakers that can meet its specifications and sign long-term contracts with them.