Minebea's automotive bearing business in China continues to climb

Precision parts manufacturer Meibei Co., Ltd. recently in 2016 China International Bearings and special equipment exhibition. For Minebea, China is a very important region, the production share of China accounted for 20% of the group as a whole, sales accounted for 35%.

In China, its miniature ball bearing and rod end bearing sales performance continues to rise. Minebea Group's ball bearing 15 consecutive quarterly refresh sales record, but in June this year, created a monthly sales of 68 million sets of historical high. Among them, the Chinese market export ball bearings accounted for more than 50%, is one of the most important market within the group.

In 2015, the Minebea Group ahead of the completion of the task of bearing export, sales within 4 years to achieve three grand goals. Future Minebea Group for China's automotive bearing market sales target in 2020 before the sales and then turn 3 Fan.

In addition, in recent years, many large and medium-sized cities in China to develop tram construction, Minebea Group of the United Kingdom produced metal spherical bearings widely used in Europe tram connector, the sales of metal bearings in the Chinese market is also Festival Festival climbing.