DENSO To Increase Stake In Renesas Electronics Corporation

DENSO Corporation Increase Stake Renesas Electronics Corporation 5 %
DENSO To Increase Stake In Renesas Electronics Corporation

DENSO Corporation has announced that it has decided to increase its stake in Renesas Electronics Corporation, in order to accelerate development of various in-vehicle systems, including automated driving systems. DENSO is planning to increase its stake in Renesas to 5 % from the existing 0.5 %.

DENSO will continue the joint development with Renesas and accelerate the development of technologies to create competitive in-vehicle systems. It will look to expedite the development of technologies focusing on safety for automated driving and connected vehicles, and on the environment through electrification in order to offer new mobility value of the future.

The company said meeting the complicated vehicle control needs in recent times has led to the functionality of in-vehicle microcontrollers increasing and that is causing design and manufacturing processes to be more difficult. DENSO added that manufacturers are expected to accelerate the development of new semiconductors for diversely-advanced systems for automated driving, electrification, IoT, and connected driving through a combination of communication and AI-related technologies.

DENSO is said to take full advantage of its in-vehicle knowhow acquired through many years of operation. And to develop competitive vehicle control systems in new fields such as automated driving, DENSO considers it essential to further enhance collaboration with semiconductor manufacturers that have extensive expertise.