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Japan s Denso to invest $3 3 billion to bulk up chips business, ET Telecom

"To expand production, we must ensure the stable procurement of materials. Thus, we will forge strategic partnerships with various companies," Denso President Shinnosuke Hayashi said at the Japan Mobility Show, which officially opened on Thursday.

Japan s Denso to invest $3 3 billion to bulk up chips business

TOKYO (Reuters) -Japanese automotive supplier Denso will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as aims to triple the scale of its chips business by 2035 from current levels, the company's president said on Thursday. Denso, a Toyota group supplier and one of the world's largest makers of auto parts and components, has been ramping up its chip business in recent years, including by forging partnership deals to help it secure more semiconductors. Last year it said it

TOKYO Denso, Japan's leading auto parts maker and supplier to Toyota Motor, will invest about 500 billion yen ($3.3 billion) in the semiconductor b

Denso to invest USD 3 3 bn to bulk up chips business, Auto News, ET Auto

Denso, a Toyota group supplier and one of the world s largest makers of auto parts and components, has been ramping up its chip business in recent years, including by forging partnership deals to help it secure more semiconductors.

Denso: DENSO Hosted a Press Conference at JAPAN MOBILITY SHOW 2023

Denso: DENSO Hosted a Press Conference at JAPAN MOBILITY SHOW 2023
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