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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 ...
Edwina Gibbs Shinnosuke Hayashi David Dolan Daniel Leussink Taiwan Semiconductor Manufacturing Co President Shinnosuke Hayashi
Source: aol.com

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