DENSO, Infineon Fortify Ties in In-Vehicle Technology
DENSO Corporation has taken a stake in Infineon Technologies AG in a bid to accelerate the development of technologies in next-generation vehicle systems such as automated driving. With the investment, Infineon Technologies' advanced semiconductor technologies will be combined with DENSO's in-vehicle technologies and expertise to accelerate the development of new and emerging mobility solutions.
To enhance in-vehicle semiconductor product development, DENSO has been collaborating with semiconductor manufacturers like Infineon Technologies. This is amid trends in increased functionality of vehicles and advanced electronic control, which have pushed the demand for semiconductor products in vehicles.
Infineon Technologies said in a separate statement that the collaboration with the Japanese mobility supplier, whose acquisition of equity stake in the German semiconductor company is "in the range of mid-double-digit million Euro", would strengthen further the company's position in the Japan market.
Next-generation vehicle systems required for widespread automated driving, electrification, and connected cars are continuously becoming more sophisticated and require more advanced technology. By partnering with Infineon and other companies both in and out of the automotive industry, DENSO continues to add value to the future of mobility for its customers and for all of society.
"We would like to establish optimal semiconductor solutions for in-vehicle electronics systems through strong partnerships with semiconductor companies in order to enhance the competitiveness of automated driving and electrification systems," said Hiroyuki Ina, Senior Executive Director at DENSO.
"Our collaboration with Japan's largest and world-leading automotive system supplier is strengthening our links with the Japanese industry as well as our position in the Japanese and global semiconductor market. We welcome DENSO becoming a shareholder," said Dr. Reinhard Ploss, Chief Executive Officer at Infineon Technologies.