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Wall Street Analysts Are Bullish on Top Technology Picks
Minebea Mitsumi Sees FY Net Y83.00B
Minebea Mitsumi FY Net Y99.03B Vs Net Y59.46B
Minebea Mitsumi Raises FY Parent Pretax View to Y31.94B
Minebea --- Sharp rebound emerges as a key player in the rare earth sector.
A significant rebound has been observed as the company is being highlighted for its efforts to reduce the usage of rare earth elements. The company has successfully eliminated the use of heavy rare earth elements in a component called 'actuators,' which play roles such as autofocus and image stabilization in smartphone cameras. It appears that, starting from autumn 2025, all actuators the company sells for smartphones will no longer contain heavy rare earth elements. To meet the increased orders, it has also been reported that the company is investing several billion yen to establish a new production line in the Philippines.
Market Chatter: MinebeaMitsumi Expands Cambodia Operations With New Lidar Plant