Japanese electronic parts industry, turning to automotive electronics
The slowdown in China's economic growth has hit the smart phone industry, and the Japanese electronic parts industry has begun to target the automotive market. Nidec, the electric motor manufacturer, hopes to increase the revenue of its auto products from 197 billion yen in the previous fiscal year to 700 trillion to 1 trillion yen ($5.79 billion) in the 2020 fiscal year. To $8.27 billion, operating profit increased by 7.2% to 120 billion yen. Nidec is the world's largest supplier of power steering motors, and they are ready to invest in advanced driver assistance systems, including collision avoidance technology using cameras and sensors. The electronics giant TDK plans to increase its total revenue to 1.4 trillion yen in the fiscal year ending March 2018, a 29% increase from the 2014 fiscal year. The ratio of automotive technology to revenue will increase from 20% in the previous fiscal year to 30%. TDK also hopes to more than double the profit of the automotive business to 40 billion yen. TDK's automotive products are mainly capacitors. The company plans to use sensors to optimize power steering and other energy-saving devices, targeting automakers in China, Japan, the US and Europe. The other is the set of growth areas, which are driving safety and related auxiliary technology. The sales of smart phones and other products have grown significantly, and in 2015, it brought record-breaking net profit for Nidec, Alps Electric and others. However, in the past, various industry players have experienced a decline in sales of mobile phone manufacturers. In order to buffer the decline in demand for smart phones in China and the effect of price instability, operators have begun to shift sales targets to other industries. BAM Power Transmission Capacitors BAM Power Transmission Capacitors Shunt Capacitor,High Voltage Capacitor,Parallel Capacitor,Parallel Capacitor YANGZHOU POSITIONING TECH CO., LTD , https://www.yzpstcc.com