KARIYA, Japan, Sept. 30,
2024 /PRNewswire/ -- DENSO CORPORATION and ROHM Co.,
Ltd. hereby announce that the two companies have agreed to start
consideration of strategic partnership in the semiconductor
field.
As the development and spread of electric vehicles accelerate
toward the realization of carbon neutrality, the demand for
electronic components and semiconductors required for
electrification of vehicles is rapidly increasing. In addition,
semiconductors are becoming increasingly important as products that
support the intelligence of vehicles, such as automated driving and
connectivity which are expected to contribute to eliminating
fatalities in traffic accidents, and are essential to the
realization of a sustainable society.
DENSO and ROHM have been working together through trade and
development of semiconductors for automotive applications. Going
forward, both companies will consider this partnership to achieve a
stable supply of highly reliable products, as well as for various
initiatives to develop high-quality and high-efficiency
semiconductors that contribute to a sustainable society.
To further solidify the partnership, DENSO will acquire a portion
of ROHM's shares.
DENSO CORPORATION President & CEO Shinnosuke Hayashi said:
"DENSO positions semiconductors as key devices for realizing
next-generation vehicle systems and we have deepened our
cooperative relationships with semiconductor manufacturers who have
abundant experience and knowledge. ROHM has a lineup of
semiconductors in a wide range of areas important for automotive
electronics, including analog semiconductors, power devices, and
discrete semiconductors, and has extensive mass production
experience. We believe that by integrating the automotive
technologies and expertise we have cultivated over the years, we
will be able to ensure a stable supply and accelerate technological
development."
ROHM Co., Ltd. President (Representative Director)
Isao Matsumoto said:
"Global Tier 1 manufacturer DENSO and ROHM have been deepening
collaboration for many years, and in recent years we have been
working on joint development of analog semiconductors. We believe
that the partnership with DENSO and the acquisition of shares by
DENSO will further strengthen our cooperative relationship. To
realize carbon neutrality, it is important to collaborate on
technology at the device level with an eye toward end products and
systems. We believe that we can contribute to the realization of a
sustainable society by deepening our integration with DENSO, who
has advanced system construction capabilities in the automotive and
industrial equipment fields."
About DENSO
Globally headquartered in Kariya,
Japan, DENSO is a $47.2 billion leading mobility supplier that
develops advanced technology and components for nearly every
vehicle make and model on the road today. With manufacturing at its
core, DENSO invests in around 180 facilities worldwide to provide
opportunities for rewarding careers and to produce cutting-edge
electrification, powertrain, thermal and mobility electronics
products, among others, that change how the world moves. In
developing such solutions, the company's 162,000 global employees
are paving the way to a mobility future that improves lives,
eliminates traffic accidents, and preserves the environment. DENSO
spent around 7.7 percent of its global consolidated sales on
research and development in the fiscal year ending March 31, 2024. For more information about
DENSO's operations worldwide, visit www.denso.com/global.
In North America, DENSO is headquartered in Southfield, Michigan, and employs 27,000+
engineers, researchers, and skilled workers across nearly 50 sites
in the U.S, Canada and
Mexico. In the United States alone, DENSO employs 17,500+
employees across 14 states (and the District of Columbia) at 41 sites. In the
fiscal year ending March 31, 2024,
DENSO in North America generated
$11.7 billion in consolidated sales.
DENSO is committed to advancing diversity and inclusion inside the
company and beyond – a principle that brings together unique
perspectives, bolsters innovation and pushes DENSO forward. To
learn more about DENSO operations in the region and to review
current career opportunities, please visit
www.denso.com/us-ca/en/.
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SOURCE DENSO