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Brice Koch, president and CEO of Hitachi Astemo Ltd., speaks in an online news conference streamed live on Jan. 18. (Captured from YouTube)
Newly minted automotive parts supply behemoth Hitachi Astemo Ltd., expecting a windfall from the development of electric and self-driving vehicles and other technologies, is expanding in scale to capitalize on the opportunity.
Hitachi Astemo President and CEO Brice Koch said he intends to make the company a global leader in CASE (connected, autonomous, shared and electric) technologies at a Jan. 18 online news conference to unveil the company s business strategy.
Hitachi Astemo became Japan s third-largest auto parts maker this year through a merger of four auto parts suppliers affiliated with Hitachi Ltd. and Honda Motor Co. Its capacity is topped only by Denso Corp. and Aisin Seiki Co., which are affiliated with Toyota Motor Corp.