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DENSO

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15 Nov 2023

Japan's Denso to target USD 8 bln in electrification revenue by FY 2025

Denso aimed to grow its revenue from advanced-driver assistance systems (ADAS) to 520 billion yen by the 2025 business year and said it would further unwind cross-shareholdings, according to presentation materials. The parts maker raised its 2025 revenue target by 20% from last year due to steady expansion of sales of inverters, thermal management and power supply systems as well as the tailwind from a weak yen, Chief Financial Officer Yasushi Matsui told media during a briefing.

26 Oct 2023

Denso to invest USD 3.3 bn to bulk up chips business

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.

27 Apr 2023

Toyota supplier Denso posts 86% rise in Q4 profit

The company, a major manufacturer of automotive parts and chips, projected operating profit for the current business year that started this month to hit a record, after the result for the 12 months through March also reached its highest ever.

04 Aug 2022

Denso upskills its engineers for the EV Age

The Japanese supplier giant, with a huge presence in Michigan and Tennessee, is now gearing up a program called ‘Power Shift’, in which its powertrain engineers will volunteer to go back to school to learn a new discipline of engineering, said Dan Ronayne, Denso’s director of engineering for the powertrain.

15 Feb 2022

TSMC to expand new Japan chip factory, Denso takes stake

That announcement was welcomed by the Japanese government which wants TSMC to build plants to supply essential chips to Japan's electronic device makers and auto companies as trade friction between the United States and China threatens to disrupt supply chains and demand for the component grows.

06 Apr 2021

'Shifting to adoption of EVs big focus of Karnataka govt'

Deputy Chief Minister Dr C N Ashwath Narayan said on Tuesday that the shift to electric vehicle mobility has become necessary now more than ever due to fast depletion of fossil fuels, increase in energy costs, the impact of transportation on the environment and digital intervention.

14 Sep 2019

Rs 50k cr Japanese EV boost in Gujarat

Japanese majors Suzuki Motors, Toshiba and Denso have formed a consortium to set up a plant for manufacturing lithium-ion batteries and electrodes in Gujarat.

06 Apr 2019

Toyota to transfer core electronic component operations to Denso

On April 1, 2020, production of electronic components at Toyota's Hirose Plant will be consolidated within Denso. The land, production infrastructure (including buildings, equipment, and software), and other items at Hirose Plant will be transferred to DENSO.

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