Japanese tech firm sets P4.2-B expansion in Subic Freeport

SUBIC BAY FREEPORT — Japanese precision motors manufacturer Nidec Subic Philippines Corporation has announced a P4.2 billion venture here to produce precision gearboxes for use in high-technology applications like robotics, aerospace and solar tracking. The Subic Bay Metropolitan Authority (SBMA) said the new investment project was among those signed during a recent meeting in Japan… Read More Japanese tech firm sets P4.2-B expansion in Subic Freeport