Subscribe to RSS
UnitedStates Germany Russia India Turkey SouthAfrica England Netherlands Philippines Belgium Australia Brazil Spain China Kore

NSK to make low-cost car bearings in Korea

TOKYO (Nikkei) — NSK Ltd. (6471.TO, NPSKY) plans to begin South Korean output of high-precision bearings for automobile transmissions next year at 80% of the production cost in Japan, the Nikkei reports in its Dec. 24 edition.

NSK Korea

Previously, the company made most of these bearings at its Saitama factory in Japan because they require high-quality steel and precision processing. But it began churning them out in China after developing technology for manufacturing bearings comparable in quality to Japanese-made products while using lower-priced steel.

NSK seeks to generate three billion yen ($35.6 million) in sales from the low-cost, high-precision bearings in 2015 by supplying them to Japanese and local auto makers for their rapidly growing auto production in Asia.

The company estimates that world-wide demand for automobile-transmission systems will increase at least 30% by 2019.

 

source: MarketWatch

0 commentsback to post

banner

Add your comment

Nickname:
E-mail:
Website:
Comment:

*

Other articlesgo to homepage

Fangyuan Slewing Ring Co. delivered a slewing ring for all-casing drilling rig

Fangyuan Slewing Ring Co. delivered a slewing ring for all-casing drilling rig(0)

A 2.23 m all-casing drilling rig slewing ring was successfully launched in Maanshan Fangyuan Slewing Ring Co., Ltd on September 25, 2014, which marked the company’s expansion of slewing ring applications. Tested by the high-precision large coordinate measuring machine, the all-casing drilling rig slewing ring is proved to have an gear accuracy of grade 7,

China Railway Corporation: the safety and reliability of wagon bearings from LYC ranked first in all supplier factories

China Railway Corporation: the safety and reliability of wagon bearings from LYC ranked first in all supplier factories(0)

According to the Safety and Quality Notification of Wagon from March to Jun, 2014 issue by China Railway Corporation, the safety and reliability of wagon bearings from LYC ranked frist in all supplier factories. The statistical results showed that the safety and reliability of LYC wagon bearing has been raised again.

First batch of second generation heavy truck hub bearings from LYC rolled off the assembly line

First batch of second generation heavy truck hub bearings from LYC rolled off the assembly line(0)

On August 11, the first batch of second generation heavy truck hub bearings developed by LYC rolled off the assembly line in the automotive bearing division of the company and then entered to the bench test stage. The picture above shows the worker in the automotive bearing division was testing the product.

Xiangyang Automobile Bearing support international high-end cars

Xiangyang Automobile Bearing support international high-end cars(0)

On August 14, the workers from the first batch plant of Xiangyang Automobile Bearing Co., Ltd. were producing tapered roller bearings. The company paid close attention to product quality with rigorous processes. Besides meeting the domestic market demanding, the ZXY brand automotive bearings were also exported to overseas countries to support international high-end brand automotive

Roller bearings for the High Roller

Roller bearings for the High Roller(0)

The American Bridge Company has contracted SKF to supply technological solutions for the Las Vegas High Roller, soon to be the world’s tallest Ferris wheel. SKF is providing Caesars Entertainment Corporation’s 170-metre-tall Ferris wheel with two custom-designed spherical roller bearings along with related technologies. The two spherical roller bearings weigh approximately 8.8 tonnes each, with

read more

Contacts and information

Social networks

Most popular categories

Legal Notice

© 2016 BEARING NEWS All rights reserved.