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Neotis to supply motor shafts to Nidec’s arm in Dairen

South Korea’s Neotis Co., Ltd. signed a contract regarding the supply of automotive motor shafts to Nidec Dalian Limited. The contract is valid from March 2019 to December 2026, and the sales under the agreement are expected to reach Korean won (KRW) 11.02 billion (JPY 1.08 billion). (From a press release on March 18....

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