Filters
Your Selections
    Reset
    Save Cancel
    Asset
    Published
    Vehicle Domain
    Topical Categories
    Supplier
    OEM
    Region / Country/Territory
    Automotive Supplier Outlook 2025: Volume 3 Companies K - N
    S&P Global Mobility’s Matthew Beecham has engaged senior executives from 42 suppliers in the automotive supply chain for an end-of-year interview initiative. This initiative seeks to gather valuable insights into the challenges faced in 2024 and the strategies being formulated for 2025, prioritizing genuine experiences over elaborate strategies. This report is the third of four volumes. The key discussion points include the challenges faced by automotive suppliers, including increased r...
    Insights
    Northvolt’s collapse: A tale of reckless extravagance and blurred focus
    Fewer than two years after the collapse of Britishvolt, one of the most promising battery startups in the UK, Swedish battery maker Northvolt filed for chapter 11 in the US on Nov. 21. The filing followed its failure to scale up production as planned at its flagship gigafactory in Skellefteå, Sweden and raise more funds to rescue its operations. While Northvolt’s collapse is seen as another setback to Europe’s battery ambitions, it also underlines a wider trend of new-age, clean-tech startu...
    Insights
    Onsemi and DENSO strengthen partnership for autonomous driving technologies
    According to a press release on Dec. 16, Onsemi and DENSO have announced their intentions to strengthen their long-standing partnership. The collaboration aims to bolster the procurement of technologies crucial for autonomous driving and advanced driver assistance systems. For more than a decade, Onsemi has been a key supplier to DENSO, providing it with sophisticated automotive sensors that are essential for enhancing the performance of ADAS and autonomous driving technologies. These semicon...
    News
    DENSO, FPT partner for software-defined vehicle development
    DENSO has signed a memorandum of understanding (MOU) with FPT Corp. to collaborate on the development of software-defined vehicles (SDVs). The two partners will focus on mass-production projects for advanced driver assistance systems. Both entities are committed to establishing a high-speed, high-quality global development framework, with plans for expansion by the end of 2027. This partnership will be backed by FPT's two decades of experience in automotive and a global team of 5,000 aut...
    News
    DENSO partners with Canatu to advance carbon nanotube tech
    In a press release on Dec. 4, DENSO announced a memorandum of understanding (MOU) with Canatu to further the practical application of carbon nanotube technology, a move aimed at enhancing autonomous driving technology and promoting carbon neutrality. The partnership is set to build on the companies' existing collaborations, especially in overcoming visibility issues in vehicles caused by frost and condensation through the development of transparent conductive films. Carbon nanotubes, known fo...
    News
    Denso and Fuji Electric form partnership for EV semiconductor production
    Japan's Denso and Fuji Electric have announced a strategic partnership to enhance the production of silicon carbide (SiC) power semiconductor devices, which are crucial for electric vehicles due to their energy efficiency, according to a report published by Nikkei Asia on Nov. 30. Despite a current slowdown in the EV market, both companies are investing significantly in anticipation of future demand growth. They have committed to a ¥211.6 billion (about $1.4 billion) investment in this ...
    News
    Denso’s H1 FY 2025 net profit increases 13% year over year to $1.3 billion
    Denso has reported a 13% year-over-year increase in net profit to ¥190.8 billion (about $1.3 billion) in the first half ended Sept. 30, 2024, the company said in a press release. Operating profit also increased 18.6% year over year to ¥251.7 billion. Denso recorded strong growth in earnings despite witnessing a 1.1% year-over-year decline in revenue to ¥3.5 trillion. “Revenue in the second quarter decreased compared to the previous year, due in part to suspensions of operations by J...
    News
    Denso collaborates with T-Hub to boost automotive innovation in India
    Denso has entered into collaboration with T-Hub, a startup incubator based in Hyderabad, India, to work with automotive startups on advanced mobility solutions, as reported by THG PUBLISHING on Nov. 6. The partnership, formalized through a memorandum of understanding (MOU) signing in the presence of Industries and IT Minister D. Sridhar Babu will see Denso engaging with India's innovative automotive startups via T-Hub's T-Connect platform. The collaboration aims to generate new ideas a...
    News
    Denso expands operations in Athens, Tenn., adding 200 new jobs
    In a press release dated Oct. 24, Denso announced the expansion of its manufacturing operations in Athens, Tenn. This development includes a significant addition of 54,560 square feet of new production space alongside renovations to the existing facilities. Through this project, Denso plans to introduce 200 new jobs into the Athens location and commit an investment of $100 million, reinforcing its position as McMinn County's largest employer. The latest expansion enables the Athens facility t...
    News
    Denso, ROHM explore strategic partnership in semiconductor field
    Denso and ROHM have agreed to explore a strategic partnership in the semiconductor field, the Japanese supplier confirmed in a press release on Sept. 30. This collaboration comes in response to the growing demand for electronic components and semiconductors, fueled by growing vehicle electrification and the push toward carbon neutrality. In addition, semiconductors play a crucial role in enhancing vehicle connectivity and automated driving, which are key to improving road safety and achievi...
    News
    Denso to build new plant in Japan, focuses on mobility and software
    Denso announced on Sept. 9 its plan to construct a new plant at the site of the existing Zenmyo Plant in Nishio City, Aichi Prefecture, Japan. With construction kicking off in the first half of fiscal year 2025 and completion expected by January 2027, the company aims to start production in the first half of fiscal year 2028. The projected investment for this expansion is approximately ¥69 billion (about $0.48 billion).  The company is focusing on three main challenges to...
    News
    Denso Fukushima launches production of inverters
    As reported in a press release on Sept. 4, Denso Corp. has announced the initiation of inverter production at Denso Fukushima, aiming to bolster its manufacturing capabilities in Japan and strengthen its competitive edge in the field of electrification. This step aligns with Denso's ambition to contribute to a carbon-neutral society. Denso Fukushima, part of the Denso Group, is traditionally known for manufacturing automotive thermal products and fuel-system components. However, it has n...
    News
    Denso signs manufacturing license agreement for SEOC cell stacks with Ceres Power Holdings
    Denso Corp. has signed a manufacturing license agreement with Ceres Power Holdings, a leading developer of solid oxide cell-stack technology, with plans to advance early practical application of solid oxide electrolysis cells (SOECs) that produce hydrogen through water electrolysis, the Japanese company announced Aug. 6. Notably, SOEC is a device that operates at high temperatures using a ceramic membrane as an electrolyte to electrolyze water vapor and produce hydrogen. While there are ...
    News
    Denso reports Q1 2025 revenue at $10.9 billion, up 2.4% YOY
    In a press release on July 31, Denso has reported first-quarter consolidated revenue of ¥1,753.8 billion (about $10.9 billion), for its 2025 fiscal year, ending March 31, 2025, marking a 2.4% rise from the previous year. Its consolidated operating profit surged by 27.7% to reach ¥120.6 billion, and the consolidated profit attributable to owners of the parent company increased by 10.5% to ¥94.5 billion. According to Yasushi Matsui, Denso's CFO, the revenue hike in the first quarter was...
    Briefing
    Denso hosts software strategy briefing; plans to expand software business to ¥800 billion by 2035
    The automotive industry is witnessing growing demand for advanced software to support intelligent vehicle functions, such as electrification, connectivity and automated driving. Denso hosted a software strategy briefing on July 12, highlighting how the leading Japanese supplier is approaching onboard software development based on its vision. At the event, Atsushi Hayashida, chief software officer of Denso, emphasized on three core strengths — integration capabilities, human resource capabiliti...
    News
    Suppliers to the Renault Symbioz
    The Renault's new compact C-Segment SUV, the Symbioz is manufactured at the Valladolid plant in Spain. Production of the car is expected to peak at 75345 in 2025, according to a forecast from S&P Global Mobility Image Source : Renault  Suppliers to the Renault Symbioz COMPONENT NAME SUPPLIERS HVAC Module Denso Electronic Park Brake Switch Kostal Cylinder head Nemak Center Console, Inst...
    Insights
    Toyota Motor, affiliated companies, agree to sell shares in Aisin
    Toyota Motor, along with two its affiliated companies Denso and Toyota Industries, has announced plans to sell its stake in another group supplier, Aisin Corp. The Japanese automaker will sell 13 million shares, equivalent to a 4.8% stake, in Aisin. Toyota will continue to remain the single largest shareholder in Asin with a 20% stake. Denso and Toyota Industries each will sell 12.96 million shares in Aisin. Denso is selling its entire 4.81% holding in Aisin, excluding treasury shares. Toyota...
    News
    NTT Data and Denso partner for strategic software development
    NTT Data Japan and Denso Corp. have signed a memorandum of understanding on June 12 to form a strategic partnership for software development. Their collaboration aims to advance Japan's automotive industry and address societal issues, combining Denso's in-car tech expertise with NTT Data's outside-car tech strength, prominently in cloud computing, as reported in a press release on June 12. This partnership is expected to boost the development of in-car software and aims to brin...
    News
    Denso posts 11.6% YOY rise in fiscal-year revenue to $47.2 billion
    Denso has reported an 11.6% increase in fiscal-year 2024 consolidated revenue to ¥7.14 trillion (about $47.2 billion), according to a press statement dated April 26. Operating profit for the same period came in 10.7% lower at ¥380.6 billion, while the consolidated profit attributable to owners of the parent company decreased by 0.6% to ¥312.8 billion. The company attributed the revenue increase to strong vehicle sales in Japan and North America, as well as foreign exchange gains. In Japan,...
    Briefing
    Suppliers to new BMW 5-Series
    The BMW 5-series is produced at the company’s Dingolfing plant in Germany . Production of the car is expected to peak at 37949 in 2024, according to a forecast from S&P Global Mobility. Image Source : BMW (ICE version shown)  Suppliers to  BMW 5-Series COMPONENT NAME SUPPLIERS Prop Shaft Hirschvogel Automotive Group Floor Carpet Auria HVAC Module Denso Low-voltage battery Clarios ...
    Insights
    Denso, partners join Japanese project to increase recycled content in vehicles
    DENSO and a select few Japanese companies have been selected by an industry-government-academia collaborative project to expand the recycled content in automobiles, according to a press release dated April 9. The project, titled "Demonstration of Manufacturing-and-Recycling Integrated Process for Horizontal Cycle Enabled by Automated Sophisticated Dismantling of ELVs," aims to develop a new method for processing end-of-life vehicles (ELVs) that can significantly expand the use of recycled materi...
    News
    DENSO, Manufacture 2030 partner to reduce supply chain emissions
    DENSO, a leading mobility supplier, is collaborating with Manufacture 2030 to enhance supply chain sustainability. The partnership encourages DENSO's suppliers to join Manufacture 2030's cloud-based platform, which enables participants to measure, manage, and reduce carbon emissions from their operations. This initiative supports DENSO's goal of reducing its Scope 3 emissions, which are emissions generated by its supply chain, by 25% by 2030 and achieving carbon neutrality across its global supp...
    News
    Denso posts 15.5% YOY rise in Q3 FY'24 consolidated revenue to $37.8 billion
    Denso reported a 15.5% year-over-year increase in consolidated revenue for the third quarter of fiscal 2024 to ¥5,354.9 billion (about $37.8 billion), in a press release dated Feb. 2. Its consolidated operating profit fell 11% to ¥238.6 billion while its profit attributable to owners of the parent company decreased by 11.2% to ¥175.6 billion. In Japan, revenue increased by 17.0% to ¥3,148.3 billion and operating profit decreased by 84.8% to ¥22.4 billion. In North America, revenue increa...
    News
    Toyota plans to reduce stake in Denso – report
    Toyota Motor and two affiliated companies plan to sell approximately 10% of their shares in Denso, an auto-parts supplier, worth about ¥700 billion (about $4.7 billion) by the end of November, according to a Nikkei Asia report on Nov. 29. The move aims to reduce cross-shareholding and free up funds for electric vehicle investments. Toyota Motor currently holds about 24% of Denso's total shares, while Toyota Industries owns 9% and Aisin holds 2%. The Japanese automaker plans to lower its hold...
    News
    Denso Q2 FY 2024 YOY revenues jump 16.3% to $23.5 billion
    Japanese mobility supplier Denso recorded a 16.35% year-over-year jump in its consolidated revenues to ¥3,513.5 billion (about $23.5 billion) in the second quarter of fiscal year 2024. The consolidated operating profit stands at ¥211.8 billion, a 36.3% increase from the previous year, the company said in a press release on Oct. 31. In key geographies including Japan, revenue increased to ¥2061.2 billion, up 18.5% from the previous year, and operating profit was ¥85.2 billion, down 6.4% fr...
    News
    Denso to invest $63 million in Michigan, US, thermal plant
    Japanese supplier Denso announced an investment of $63 million in its Battle Creek, Mich., thermal manufacturing facility to retool production lines, accommodating product offerings that will support the electrification of vehicles in the years ahead, a company press release said on September 8. The announcement came on the second day of Michigan Governor Gretchen Whitmer's visit to Japan. The governor announced the project win at Denso's Global Headquarters in Japan as part of her effor...
    News
    Denso to open new office in Tokyo
    Denso has announced that it will establish a new office in Minato-ku, Tokyo, in May 2024, in a press release dated August 9. The company will integrate sales, engineering, business and corporate division operations into the new office. It will serve as a home base for face-to-face communication with customers, partners and government agencies in the Greater Tokyo Area. The Japanese supplier has conducted research and development (R&D) to field operational tests using actual vehicles throu...
    News
    Denso explores sale of select internal combustion engine-related operations to Niterra
    Denso Corp. on July 10 announced the conclusion of a memorandum of understanding (MOU) on starting negotiations for the transfer of selected internal combustion engine (ICE) parts operations to Niterra Co. Ltd. The two companies reached a decision to sign the MOU during a board of directors meeting. Denso has agreed to transfer business operations for its spark plug and exhaust gas sensor products (oxygen sensor and air-fuel ratio sensor) to Niterra. Significance: Globally, the focus ...
    News
    Denso announces a fresh investment of $13 million in its Mexico factory
    Denso Corp., part of the Toyota Group that manufactures cooling, air-conditioning and windshield-wiper systems is planning to expand its operations at its plant in Guanajuato Puerto Interior, part of the municipality of Silao, Mexico, with an additional investment of $13 million, Mexico Now reported June 12. The proposed investment is the fourth expansion by the company and is likely to generate nearly 450 jobs. From this plant, Denso serves key customers such as Toyota...
    News
    Denso expands Hungary plant with the addition of three new production lines
    According to a press release by the Hungarian Investment Promotion Agency dated June 12, Denso Manufacturing Hungary has installed three new production lines at its Székesfehérvár, Hungary, manufacturing plant. With an approximate investment of €64.4 million, the expansion will be completed by April 2024 and is likely to create 55 new jobs. The development is set to equip the company with the capability to adapt its operation to the rapidly changing market demand driven by electrifi...
    News
    Denso and USJC mass-produce automotive IGBT
    Denso Corp. (Denso) and United Semiconductor Japan Co. Ltd. (USJC), a subsidiary of United Microelectronics Corp., have announced a collaboration to produce automotive insulated-gate bipolar transistors (IGBT), according to a company press release dated May 10. The IGBTs have entered into mass production at the 300 mm fab of USJC. “USJC is proud to be the first semiconductor foundry in Japan to manufacture IGBT on 300 mm wafers, offering customers greater production efficiency than the...
    News
    DENSO develops SiC inverter for electric driving module
    DENSO has developed an inverter with Silicon Carbide (SiC) semiconductors, it stated in a press release dated March 31. The inverter is being incorporated in the eAxle electric driving module by BluE Nexus and will be used in the Lexus RZ battery-electric vehicle (BEV). The inverter is based on technology jointly developed by DENSO and Toyota Central R&D Labs. It uses SiC epitaxial wafers. Significance: SiC is increasingly being used by automotive suppliers due to its high switching sp...
    News
    Electreon partners with Toyota and Denso to jointly develop wireless charging technology
    Electreon partnered with Toyota and Denso to work toward advanced wireless vehicle technology. This partnership agreement follows a successful comprehensive technology evaluation with the demonstration of the RAV4-PHEV charging on the wireless road. All three companies are aiming to promote technical development and adoption of wireless charging technology. The alliance intends codevelopment of an aftermarket wireless kit for current electric vehicles (EVs) to utilize wireless ...
    News
    DENSO reports Q3 2022 revenue at USD34.6 billion, up 15.6% y/y
    DENSO has reported third-quarter revenue at JPY4,635.7 billion (USD35.6) billion with year-on-year (y/y) growth of 15.6% compared with JPY3,508.6 billion in the third quarter of 2022 for the three months ended 31 December 2022, according to a filing by the company on 3 February 2023. Operating income for the first quarter was JPY267.9  billion, a 4.6% increase from third quarter of 2021. In Japan, sales climbed to JPY2,691.7 billion, up 3.9% from the prior year, while operating profit in...
    News
    DENSO posts 16.9% y/y increase in Q2 revenue to USD20.9 billion
    DENSO has reported a 16.9% year-on-year (y/y) rise in consolidated revenue to JPY3.02 trillion (USD20.9 billion) for the second quarter ended 30 September 2022, the Japanese supplier said in a press release on 28 October. Operating profit for the period totaled JPY155.4 billion, down by 2.5% and net profit dropped 6.1% to JPY105.8 billion. “Revenue in the first half of our fiscal year increased compared to the previous year due to sales recovery, sales expansion and foreign exchange gains. ...
    News
    DENSO expands manufacturing facility in Guanajuato, Mexico
    Japanese supplier DENSO has inaugurated third expansion at its manufacturing plant in Guanajuato Puerto Interior, Mexico, Mexico Now reported on 26 October. Diego Sinhue Rodríguez Vallejo, The Governor of Guanajuato, said, “Today we can say with pride and satisfaction that Guanajuato is an industrial power, thanks to the cooperative alliances we have built over the years with world-class companies such as DENSO.” Significance: Denso will invest USD9.8 million as part of the expansion ...
    News
    DENSO collaborates with NTT to develop security operation center for vehicles
    DENSO has announced a collaboration with NTT Communications Corporation to develop the Security Operation Center for Vehicles (VSOC) to prevent cyberattacks against vehicles, according to a company press release dated 18 October. NTT Com will provide its technologies related to IT security, such as networking, cloud computing, and ICT SOC, while DENSO will use its technologies related to information security, communications, and data analysis, which it has cultivated in the areas of in-vehicl...
    News
    Decoding DENSO’s semiconductor strategy
    Japan’s DENSO Corporation, one of the leading global automotive suppliers of powertrain, thermal, and safety systems, recorded a 4.2% year-on-year (y/y) decline in its fiscal year (FY) 2021 revenue, which stood at JPY4,936.7 billion (about USD45.1 billion). The company attributed this year-on-year fall to the significant decline in car sales resulting from COVID-19, followed by the shortages in semiconductors and other raw materials. Yasushi Matsui, CEO at DENSO Corporation, projected in the c...
    Insights
    DENSO expands vision sensor detection angle of Subaru models to enhance vehicle safety
    DENSO announced it has expanded the detection angle of its vision sensor, increasing the sensor's ability to recognize pedestrians and bicycles around a vehicle to improve road safety, according to a press release on 27 September 2022. The vision sensor is used on some grades of the SUBARU Legacy Outback, announced on 13 April 2022, for the North American market, and the all-new SUBARU Crosstrek unveiled for the Japanese market. Unexpected pedestrians abruptly cross side streets. Such inciden...
    News
    DENSO, Obayashi run EV wireless charging pilot project in Japan
    DENSO, one of the world’s largest automotive component suppliers, and Japanese construction group Obayashi have started testing road pavement with wireless charging that can power electric vehicles (EVs) as they are driven, according to a news report filed by news agency Nikkei Asia on 20 September 2022. The report said that DENSO and its partner are looking to implement the wireless charging technology for real-world applications by 2025. The report stated that the two companies are runnin...
    News
    DENSO reports Q1 2022 net sales at USD10.37 billion, up 4.3% y/y
    DENSO has reported first-quarter net sales at JPY1,415 billion (USD10.37) billion with year-on-year (y/y) growth of 4.3% compared with JPY1,356,866 billion in the first quarter of 2021 for the three months ended 30 June 2022, according to a filing by the company on 29 July 2022. Operating income for the first quarter was JPY63.64 billion compared with JPY107.18 billion in the first quarter of 2021. The company said in a press release, DENSO’s efforts and updates continue to be driven by its...
    News
    Denso introduces new power semiconductors to increase efficiency of EVs
    Denso has unveiled a new power-semiconductor device for electric vehicles that can reduce energy loss by 20%, according to a report published by Nikkei Asia on 24 July 2022. The performance of electric vehicles (EVs) depends on power chips as well as analog semiconductor devices that check the health of the batteries. Instead of contracting out design and manufacture, as it does with other automotive chips, Denso is increasing internal research and production of these components. Denso is ...
    News
    DENSO develops new wireless power transfer charging technology
    DENSO has developed a wireless power transfer charging technology, Public News Time reported on 21 June. The technology enables devices to automatically charge electric vehicle batteries when stationary or on the move. “By installing electric power charging systems in these locations, we can expand the potential uses of automated guided vehicles (AGVs) and greatly improve task automation and efficiency. Looking further into the future, automated mobility will be active not only in factories...
    News
    DENSO presents semiconductor strategy updates at business briefing
    DENSO, a mobility supplier has shared its semiconductor strategy and how the company is achieving its long-term policy 2030 at a business briefing, according to a press release on 1 June 2022. DENSO executives discussed the company's two great causes: "Green" to achieve carbon neutrality by 2035 and "Peace of Mind" to create a world that is safe and seamless. Strategies for microcomputer and system-on-chip (SoC): To ensure steady procurement of sophisticated logic semiconductors, promote d...
    News
    DENSO reports FY 2021 revenue at USD45.1 billion, up 11.7% y/y
    DENSO has reported FY 2021 revenue at JPY5,515.5 billion (USD45.1 billion), up 11.7 year-on-year y/y over FY 2020 revenue of JPY4,936.7 billion in 2020, the company said while reporting its financial results on 28 April 2022. Operating income for the year was up 120% y/y to JPY341.2 billion compared to JPY155.1 billion in the previous year. Net income was up 95% y/y to JPY288.7 billion, compared to 148.0 billion for the first quarter of 2021. In Japan, revenue climbed by 10.6% to JPY3,515.1 b...
    News
    DENSO, USJC partner on automotive power semiconductors
    DENSO and United Semiconductor Japan Co., Ltd. (USJC), a subsidiary of global semiconductor foundry United Microelectronics Corp. have announced that the companies have agreed to collaborate on the production of power semiconductors at USJC’s 300 mm fab to serve the growing demand in the automotive market, according to an official press release on 26 April 2022. At USJC's wafer fab, an insulated gate bipolar transistor (IGBT) line on 300mm wafers will be installed. To bring the 300 mm ...
    News
    DENSO to supply key electrification components for Toyota’s bZ4X and Subaru’s SOLTERRA
    DENSO Corporation will be supplying electrification components for Toyota’s bZ4X and Subaru’s all-electric SOLTERRA, it said in a press release on 13 April. The bZ4X is scheduled to be launched in May 2022 while the Solterra will release in mid-2022. DENSO will provide current sensors detecting charging flow and discharging battery electricity, Electricity Supply Unit (ESU) which combines battery charging, electrical power conversion, and electrical power distribution, heat pump system, R...
    News
    DENSO acquires minority Stake in Japan Advanced Semiconductor Manufacturing
    DENSO Corporation announces USD0.35 billion investment to acquire minority stake in Japan Advanced Semiconductor Manufacturing, Inc. (JASM), according to a press release published by TSMC on 15 February. Taiwan Semiconductor Manufacturing Co. (TSMC) owns majority stake in the manufacturing subsidiary in Kumamoto Prefecture, Japan. Dr. CC Wei, CEO of TSMC, said, “TSMC is very glad to welcome DENSO’s participation in JASM to enable fresh innovations in the future of transportation toge...
    News
    DENSO develops Global Safety Package 3 for vehicle sensing
    DENSO has developed Global Safety Package 3, it said in a press release on 14 January. Global Safety Package 3 is an active safety system to improve safety of vehicles by giving them high sensing capability of their surroundings. A version of the product is currently used in the Hino Ranger, the Lexus NX, and the Toyota Noah and Voxy models. The product has a wider detection angle, compared to the previous version, longer detection range, and improved speed resolution to avoid collisions at i...
    News
    DENSO posts 24.5% y/y rise in Q2 revenue at USD23.1 billion
    DENSO has reported a 24.5% year-on-year (y/y) rise in consolidated revenue to JPY2.6 trillion (USD23.1 billion) for the second quarter ended 30 September 2021, the Japanese supplier said in a press release on 29 October. Operating profit for the period totaled JPY159.3 billion and net profit came in at JPY112.7 billion. “Both revenue and operating profit increased due to recovery of vehicle sales from COVID-19 and because of profit improvements from the previous year, although the semicondu...
    News
    DENSO invests in dellfer to help bring automotive cybersecurity software to market
    According to official press release dated 19 October, Dellfer, an automotive and internet of things (IoT) cybersecurity software company, announced that DENSO, a leading mobility supplier, and Option3, a specialist cybersecurity private equity firm, have made an USD 8M joint investment into the company. As part of the investment, both companies will serve on Dellfer's board of directors, providing operational and sales channel support. Dellfer's best-in-class cybersecurity solutions for the a...
    News
    NSITEXE partners with Quadric to develop high performance processor IP for automotive applications
    DENSO’s unit NSITEXE has announced a partnership with Quadric, under which NSITEXE will use quadric’s processor IP to develop safety solutions for automotive applications like autonomous driving, mobility-as-a-service (MaaS) and smart sensors, according to a 12 October press release. NSITEXE’s processor IPs based RISC-V ISA are ISO 26262 ASIL D ready, ideal for automotive and other safety critical systems. “We have evaluated Quadric’s software and hardware capabilities and the flexi...
    News
    Brandmotion partners with DENSO, Services Americas to equip vehicles with V2X technology
    Brandmotion has announced a collaboration with DENSO Products and Services Americas to offer a one stop service for equipping vehicles with advanced vehicle-to-everything (V2X) technology, the company said in a press release on 7 October. “We are committed to supporting USDOT's national focus on achieving roadside infrastructure and equipped vehicles to advance the safety benefit without delay and to provide the state agencies with ‘real-time’ road data. Brandmotion has been honored to ...
    News
    IAR systems collaborates with NSITEXE to accelerate functional safety development for RISC-V
    AR Systems, the future-proof supplier of software tools and services for embedded development, announced a partnership with NSITEXE, a group company of DENSO Corporation that develops and sells high-performance semiconductor IP, according to a press release on PR Newswire dated 2 August. The collaboration aims to bring high-performance development tool solutions with guaranteed functional safety and extensive support services to RISC-V-based innovative applications. "Our collaboration with NS...
    News
    DENSO’s Q1 revenue rises 77.3% y/y to USD12.37 billion
    DENSO Corporation has reported a 77.3% year-on-year (y/y) increase in revenue for the first quarter at JPY1.36 trillion (USD12.37 billion), according to an official media filing on 30 July. Net profit came in at JPY89.3 billion and operating profit of JPY107.2 billion. Last year, the company posted an operating loss of JPY106.6 billion. “Revenue increased due to recovery of vehicle sales and production against COVID-19 from the previous year. Operating income increased due to higher pr...
    News
    DENSO validates DriveU.auto connectivity platform for autonomous vehicle teleoperation
    DriveU.auto has announced that DENSO remotely drove a vehicle, using DriveU.auto’s high-capacity, low latency technology in real-world scenarios, according to a company blog post on 18 May. As part of the collaboration between the two companies, remote driving of a vehicle in the US was controlled from Abashiri in Japan. The companies have commenced the integration of the DriveU software onto the DENSO hardware architecture. DENSO will verify systems using HD images from in-vehicle cameras ...
    News
    DENSO to use Siemens software for model development
    Siemens Digital Industries Software has announced that DENSO has picked its portfolio for the technological foundation of its next-generation model-based development (MBD), according to a company press release dated 24 June. DENSO can use the software to reduce time needed for product development, cut costs, increase design quality, and improve competitiveness. “We are honored to collaborate with DENSO to drive next-generation MBD product development for their business transformat...
    News
    Metal additive manufacturing startup Seurat closes USD41 million Series B round
    Seurat Technologies has closed a USD41 million funding in Series B round, led by Capricorn’s Technology Impact Fund, it said in a press release on 22 June. The funds will be used to develop and commercialize metal additive manufacturing technology, Area Printing. Seurat had previously raised USD13.5 million in Series A financing led by True Ventures in January 2018. “Seurat is bringing to market a completely revolutionary technology. Think evolving from writing a letter to the advent of t...
    News
    DENSO invests in Seurat Technologies to develop metal additive manufacturing technology
    DENSO has invested an undisclosed amount in Seurat Technologies, as a part of Series B funding round, it said in a press release on 23 June. The investment will accelerate development and commercialization of Seurat’s patented additive manufacturing technology. “DENSO is always looking to stay on top of the latest manufacturing processes and technology so we can deliver for our customers. Working with Seurat will help us continue that. Seurat’s Area Printing technology is a breakthrough...
    News
    Canatu, DENSO sign agreement to develop high-performance reactors used in CNB films
    Carbon nanomaterial company Canatu has signed a joint development agreement with global auto component supplier Denso to develop high-performance reactors used in carbon nanobud (CNB) film production, the company said in a press release on June 9. “The joint development agreement was signed in May 2021 with project starting immediately after,” it said. The collaboration aims to significantly improve CNB film manufacturing productivity when compared with the current throughput. To do so...
    News
    DENSO integrates Irapuato Plant into its Mexican operations
    According to a company press release dated 27 April, DENSO, a leading mobility supplier, announced that it has integrated its Irapuato Plant, previously part of ASMO Mexico, into its DENSO Mexico operations. The Irapuato Plant employs more than 640 employees and produces DENSO wipers for customers across North America. Operations there began in 2016 and the facility is located at Parque Industrial Castro del Río in Irapuato, Guanajuato. This is DENSO’s fourth facility in Mexico, with other...
    News
    Denso FY 2020 revenue dips 4.2% y/y to USD44.6 billion
    DENSO posted a full year revenue of JPY4.94 trillion (USD44.6 billion) for the period ending 31 March 2021. The 4.2% drop in revenue was attributed to the ‘significant decline in the first quarter’ due to the COVID-19 pandemic, it said in a press release on 28 April. Consolidated operating profit more than doubled to JPY155.1 billion while net profit grew 83.6% to JPY125.1 billion. “Revenue is recovering steadily due to the improve in vehicle sales, but sales in the full-year decreased ...
    News
    Denso, KDDI research 5G use in automated driving
    Denso has teamed up with KDDI Corporation to research use of next-generation 5G technology in automated driving to achieve safe and secure mobility, the company said in a press release on 3 March. The two partners will build a 5G environment in a test course at Denso’s research and development (R&D) center for automated driving in Haneda, Tokyo. Denso and KDDI will verify driver assistance technologies in automated driving vehicles using high-definition in-vehicle cameras and roadside s...
    News
    Toyota, DENSO partner with Aurora on robo-taxi development
    Toyota and its key supplier Denso have partnered with Aurora Innovation of on development of autonomous vehicles for robo-taxi services, Reuters reported on 9 February. Under the partnership, Aurora will equip Toyota Sienna minivans with its autonomous driving system for use in its autonomous vehicle test fleet by the end of this year. The three partners plan to eventually deploy these autonomous Sienna minivans in ride-hailing network of Uber Technologies. Significance: Toyota and Denso were...
    News
    DENSO April–December 2020 revenue declines 9.9% y/y to USD33.9 billion
    DENSO has reported a 9.9% year-on-year (y/y) decline in consolidated revenue to JPY3.5 trillion (USD33.9 billion) for the first nine months ended 31 December 2020, the Japanese supplier said in a press release on 2 February. Operating profit for the period totaled JPY66.6 billion and net profit JPY43.1 billion. "Revenue is recovering steadily due to increased vehicle sales in the second and third quarters, but sales for fiscal year 2021 are still down compared to last fiscal year due to the s...
    News
    DENSO collaborate with AEVA to develop next-generation FMCW lidar system
    DENSO has announced a partnership with US-based startup Aeva to develop next-generation sensing and perception system, the Japanese supplier said in a press release on 19 January. The two companies will collaborate to bring Frequency Modulated Continuous Wave (FMCW) lidar to the mass vehicle market. Most lidar systems currently use time of flight (ToF) method for object detection. The method accurately detects the distance and direction of objects by emitting pulse laser beams and measuring t...
    News
    DENSO appoints Seiji Maeda CEO of DENSO North America operations
    Japanese supplier DENSO has appointed Seiji Maeda as CEO of DENSO's North American operations, according to a company press release on 12 January. Maeda is also a senior director at DENSO. Prior to this post, Maeda served as head of Denso’s Motor Business Unit in Japan. From 2012–17, he held numerous positions such as director of Corporate Planning, general manager of Electronics Business Planning, and general manager of Thermal Systems Business Planning. Before those roles, Maeda spent n...
    News
    DENSO begins mass production of new booster power module with SiC power semiconductors 
    DENSO has begun the mass production of its latest model of booster power module with silicon carbide (SiC) power semiconductors, the company said in a press release on 10 December. The new in-vehicle SiC transistor offers high reliability and high performance in in-vehicle environments, due to DENSO’s application of trench gate MOSFET. According to the company, the booster power module equipped with the SiC power semiconductors is about 30% smaller in volume and provides about 70% less...
    News
    DENSO announces organization, executive structure and management changes
    Japan-based automotive powertrain components supplier, DENSO, has announces changes to its organizational and executive structures, as well as its personnel. According to a press release issued by Denso on 7 December, the company stated that these changes would be effective 1 January, 2021. These changes are part of "Reborn 21", an internal plan to optimize operations to provide new value to society and customers and rebuild quality. DENSO has instituted a Core & Customization Strategy, w...
    News
    DENSO selects Foretellix for verification of ADAS and automated driving solutions
    DENSO has selected Foretellix’s Foretify advanced coverage driven verification platform to enhance safety of its new advanced driver assistance systems (ADAS) and automated driving solution, the two companies said in a joint press release on 17 November. Foretellix’s new platform allows for significant reduction in cost of failure by identifying bugs, edge cases and unknowns in the early stage of development. Foretify reduces unnecessary recalls and also lowers the cost of testing by enhanci...
    News
    Denso invests in EV mobility services startup Envoy Technologies
    Denso has invested in Envoy Technologies, an electric vehicle (EV) startup based in California, US, according to a company press release on 13 November 2020. Envoy's Mobility as an Amenity™ service is a turn-key solution that includes technology to reserve and access vehicles, driver insurance, maintenance, and electric vehicle chargers. Envoy is currently available in 10 states and 14 markets in the United States. "Early on, we realized that the world's transition to electric mobility w...
    News
    Heat recovery system fitment to be driven by D-segment vehicles in the medium-term
    Automotive OEMs need to make more effort to improve the overall efficiency of their model range, and this fact is more emphatic in the case of electric vehicles because of their limited driving range. Automobiles have always had the necessity to dissipate excess heat, and the A/C heater core was one of the first examples of heat recovery―it worked by harvesting heat from the internal combustion engine (ICE) and redirecting it into the heating, ventilation, and air conditioning (HVAC) module to...
    Insights
    Denso invests Lambda:4 to strengthen safety and security of digital key
    Denso has invested in Lambda:4, a Germany-based company that develops wireless positioning technologies for short-range applications using Bluetooth Low Energy (BLE) communication technology, the company said in a press release on 12 November. The strategic investment is expected to strengthen Denso’s digital key technology by increasing its location accuracy and user authentication capabilities. “As much of society goes digital, we are building a connected ecosystem that bridges the gap ...
    News
    Denso’s H1 revenue falls 20.8% y/y to USD19.6 billion
    Denso has reported a drop of 20.8% year-on-year (y/y) in revenues to JPY2 trillion (USD19.6 billion) for the first six months ended 30 September 2020, according to a company press release on 29 October. The company posted an operating loss and a net loss of JPY69.6 billion and JPY71.1 billion, respectively, against an operating profit and a net profit of JPY134 billion and JPY104.2 billion in the same period a year ago. In the first six months of 2020, Denso generated nearly 50% of its total ...
    News
    Honda, Toyota and Hyundai to collaborate on connected vehicles pilot project in US
    Tampa Hillsborough Expressway Authority (THEA) will collaborate with Honda Research and Development (R&D) Americas, Hyundai America Technical Center (HATCI), and Toyota Motor North America to deploy vehicles with connected vehicle (CV) technology, a press release by Toyota read on 15 October. The vehicles of the OEMs will interact with one another and use existing CV Pilot products. Furthermore, the automakers have selected DENSO as their onboard unit (OBU) provider. DENSO will devel...
    News
    DENSO introduces new battery-monitoring integrated circuit for Li-ion batteries
    DENSO has developed a new generation battery-monitoring integrated circuit (IC) for lithium-ion (Li-ion) batteries in electric vehicles (EVs), the company said in a press release on 13 October. The IC helps improve efficiency of EVs usage of batteries, fuel efficiency while extending the driving range. According to the company, it is the world’s first IC to accurately detect battery voltage while monitoring multiple cells. The IC will be used in Toyota Yaris and features in future EVs wi...
    News
    E-axle demand forecast to more than double within next two years
    Electrification is by far one of the most active areas of automotive innovation these days. Vehicle manufacturers are being faced with constantly evolving and strengthening emission norms and standards, while simultaneously having to make their models more responsive to drive so as to keep up the appeal for potential customers. In the domain of torque management, e-axles have proven to be one such innovation that provides both these benefits in a vehicle. The channeling of the vehicle’s tor...
    Insights
    Increased electrification to drive demand for newer types of A/C condensers
    Comfort almost always ranks quite high in the list of criteria for customers looking to purchase a new vehicle, and carmakers have always invested significant time, effort, and money in making sure their vehicles’ A/C or climate control systems function as best as possible. In addition to heating up or cooling down the passenger cabin rapidly and efficiently, automotive A/C systems have evolved into multifunctional units that also filter out particulates, such as pollen and harmful pollutants,...
    Insights
    Denso develops new electric power steering motor control unit
    Denso has developed a new electric power steering motor control unit (EPS-MCU) that delivers improve handling and safety to vehicles, the company said in a press release on 3 September. The new EPS-MCU, called DDA2 (Denso Dual Assist 2nd Generation), features two drive circuits and motor windings while integrating multiple components and simplifying the structure. Significance: Denso developed the first generation of EPS-MCU called DDA1 (Denso Dual Assist 1st Generation) in 2015. According to...
    News
    Denso establishes Pittsburgh Innovation Lab in US to accelerate R&D on automated driving
    Denso has established a new research and development (R&D) center in Pittsburgh, Pennsylvania, US, in July 2020, to strengthen open innovation and enhance the development of automated driving technologies, the company said in a press release on 5 August. At the new center called, Pittsburgh Innovation Lab, Denso will conduct research to achieve Level 4 automated driving. The Japanese supplier will also develop elemental technologies, including artificial intelligence (AI), to realize Level 4...
    News
    Denso’s Q1 2020 consolidated revenue falls 42.2% y/y to USD7.1 billion
    Japanese automotive powertrain components and systems supplier, Denso Corporation, has announced its financial results for the first quarter of this year, ending 30 June. In a press release issued by Denso on 31 July, the company stated it has registered a consolidated revenue of JPY765.1 billion (approximately USD7.1 billion) during the first–quarter 2020 period. This result implies a decline of 42.2% year on year (y/y) from the first quarter of 2019. The company’s revenue declined ...
    News
    Industry takes significant steps toward cockpit domain controllers
    People have created personal connected ecosystems using their smartphones, laptops, and tablets with the recent trend shifting to cars. Automakers have realized the importance of this digitization and have begun rolling out tech-heavy vehicles, even in the conservative markets. Traditionally, addition of a new electronics technology meant integration of an electronic control unit (ECU) in the vehicle. However, many automakers are now increasingly consolidating different functions into single coc...
    Insights
    Denso opens ‘Electrification Innovation Center’ in Japan
    Denso has opened an ‘Electrification Innovation Center’ at its plant in Anjo, Aichi in Japan, the supplier announced in a press release on 5 June. The Electrification Innovation Center features a development building, which will house teams focused on developing advanced production technologies and testing new vehicle systems; a durability building for reliability testing; an outdoor track for testing newly developed products; and a production plant for quickly ramping up a mass production l...
    News
    Impact of COVID-19 on Automotive UI/ UX Market
    The coronavirus disease 2019 (COVID-19) pandemic has profoundly disrupted all aspects of the automotive supply chain. Global efforts to control the spread of the virus have impacted both demand and supply, and in turn the industry cumulating in a sharp decline in production. Both automakers and automotive supplier manufacturing plants are either working on a lesser production capacity or have temporarily suspended manufacturing activities. Additionally, a combination of stringent federal laws, e...
    Insights
    Denso’s FY2019/20 revenue declines 3.9% y/y to USD47.8 billion
    Denso has reported 3.9% year-over-year (y/y) decline in consolidated revenue to JPY5.15 trillion (USD12 trillion) in the financial year (FY) ended 31 March 2020, the company said in a press release today. Operating profit declined 80.7% y/y to JPY61.1 billion. The company also recorded 73.2% y/y drop in net profit to JPY681.billion. “Revenue decreased due to a decline in vehicle production and the impact of the COVID-19 outbreak. Operating profit decreased due to factors such as quality cos...
    News
    B-segment vehicles to see major rear seat HVAC fitment growth within five years
    Automakers are on a constant quest to innovate amenities and convenience features to improve passenger comfort. The general trend with such technology is that they are initially introduced into the upper segments. However, over time, many such concepts and features trickle down to the more affordable segments. A case in point currently being seen is in the fitment of heating, ventilation and air conditioning (HVAC) modules specifically for the rear of the vehicle. After the conventional air-cond...
    Insights
    Denso, Tokyo Institute of Technology set up ‘Denso Mobility Collaborative Research Center’ 
    Denso Corp has announced that it has established the Denso Mobility Collaborative Research Center jointly with Tokyo Institute of Technology, a company press release on 1 April read. The research center will promote joint research with the support of Tokyo Tech’s open innovation platform from research planning to commercialization. The research cluster will have a dedicated space to conduct applied research on heat dissipation technology for automotive components and explore themes in ne...
    News
    COVID-19 pandemic: Denso’s US plant to produce face shields for healthcare workers
    Denso has announced that its manufacturing facility at Tennessee, US, will be producing thousands of face shields to help protect health care workers from the coronavirus disease 2019 (COVID-19) pandemic. Initially Denso’s employees in Tennessee designed, produced, and donated 30 prototype face shields to Blount Memorial Hospital after which the facility began ramping up production to maximize the number of shields it can produce. “Every day Denso is seeking new ways we can suppor...
    News
    COVID-19 pandemic: Denso announces partial shutdown of North American facilities
    Denso has announced a partial shutdown at its North American facilities in a bid to adjust to customer production changes and prevent further spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 20 March. The company said many of its North American facilities are either stopping or slowing production, effective 23 March, stating that production suspension durations will vary across its locations based on individual circumstances. Denso is suspend...
    News
    COVID-19 pandemic: Denso, Ficosa, Teksid temporarily close plants in Italy
    Japanese auto parts supplier Denso closed its car air-conditioning systems manufacturing plant in Poirino, Italy, from 13 March to 16 March after its two employees were tested positive for the coronavirus disease 2019 (COVID-19) virus, La Stampa reported last week.     La Stampa also reported that a plant operated by Teksid in Carmagnola, Italy, was evacuated on 13 March after the confirmation of a COVID-19 viral infection. The plant employs 500 people. The plant was expec...
    News
    Denso announces senior management changes
    Japanese automotive powertrain components manufacturer Denso announced that it has made changes in its top management. In a press release issued by Denso on 17 February, the company stated that these changes in executive responsibility would come into effect from 1 April, 2020 onwards, after the 97th Annual General Meeting of the company’s shareholders. Hidehiro Yokoo, currently an executive officer of the company, will take over as senior executive officer. Masahiko Ito and Tomokazu Takaha...
    News
    Suzuki Motor JV plans to set up EV battery recycling plant in India
    Suzuki Motor, through its joint venture (JV) Automotive Electronics Power Pvt. Ltd (AEPPL), is planning to set up an electric vehicle (EV) battery recycling plant in India, Autocar Professional reported on 8 February, citing Hisashi Takeuchi, managing officer and deputy executive general manager (global automobile marketing) at Suzuki Motor Corporation. "We are planning to establish a lithium-ion battery recycling center in future," Takeuchi was quoted as saying. Significance: Takeuchi s...
    News
    Denso’s nine-month net profit drops 29% y/y to USD1.25 billion
    Denso has reported a 29% y/y slump in net profit for the nine months ended 31 December 2019, the company’s financial statement showed. Net profit came in at JPY136.12 billion (USD1.25 billion) compared to JPY192.01 billion last year. Revenue for the period fell 2.1% to JPY3.90 trillion. Total revenue from Japan rose marginally to JPY2.43 trillion but was offset by a 2% decline in North America while revenue in Europe fell 10% to JPY439.41 billion. Revenue from Asia dropped 7.3% to JPY1 tril...
    News
    Denso partners with Qualcomm to develop next-generation cockpit system
    Japanese major auto parts supplier Denso has partnered with Qualcomm Technologies Inc, a subsidiary of Qualcomm Incorporated, to develop next-generation cockpit systems, the two companies announced in a joint press release on 7 January. Denso said in order to enhance critical information exchange between the vehicle and the driver, the company aims to develop next-generation integrated cockpit systems. The jointly developed system will integrate Qualcomm Technologies’ information and comm...
    News
    Suzuki JV AEPPL plans to invest USD520 million in second phase of EV battery plant in India
    Automotive Electronics Power Pvt. Ltd (AEPPL), a joint venture (JV) among Japanese Toshiba Corporation, Denso Corporation, and Suzuki Motor Corporation, is planning to invest INR37.15 billion in the second phase of its under-construction battery plant in Gujarat, India, Live Mint reported on 1 January. The amount will be invested over a period of five years between 2021 and 2025. Significance: The electric vehicle  (EV) battery plant is currently under the first phase of construction in ...
    News
    Thermal sector wrap-up 2019
    The automotive thermal sector witnessed a wide range of innovations and developments, from improving vehicle efficiency to making vehicle occupants more comfortable. Irrespective of whether automobiles are being powered by conventional forms of drive such as internal combustion engines, or by new generation methods such as hybrid powertrain, electric motors or fuel cells, thermal management will always be in demand. As a result, IHS Markit forecasts for the majority of components in the aut...
    Insights
    Denso announces organizational, personnel changes
    Denso has announced certain organizational and personnel changes, effective 1 January 2020, according to a company press release on 25 December. The Japanese company will establish the Advanced Mobility Systems Business Development Division as a company-wide organization. The division will have three new functions: vehicle-system development; business development; and sales and marketing. In addition, Denso will establish the Connected Business Development Department within the Sale...
    News
    Denso picks up stake German start-up PiNTeam
    Denso has announced that it has bought a stake in Germany-based PiNTeam Holding, an in-vehicle embedded software technology provider, a company press release on 17 December stated. The details of the deal including the consideration and stake were not disclosed. Denso says the acquisition will boost the development of basic software that controls in-vehicle electronic control units (ECUs). Denso will club its in-vehicle electronic system control technologies and its expertise in mass producti...
    News
    Denso, NTT Com start validating ‘Vehicle Security Operation Center’ technology
    Denso and NTT Communications have announced that they will begin validating their jointly developed Vehicle Security Operation Center (V-SOC) technology to monitor and analyse a vehicle’s security status from January 2020, a company press release stated on 16 December. The two companies will begin the validation in a test environment. Test vehicles will see several types of cyberattacks conducted on them to see how effectively the V-SOC detects the attacks and analyzes the affected area. ...
    News
    Denso agrees to pay USD19 million to settle class action lawsuits in Canada
    Denso Corporation and some of its consolidated subsidiaries have entered into a settlement agreement with the plaintiffs in putative class action lawsuits in Canada, the Japanese supplier said in a press release on 9 December. The company agreed to pay approximately JPY2.1 billion (USD19 million). Significance: Denso has been facing class action lawsuits in Canada since May 2013. The plaintiffs had claimed that they incurred damages as a result of Denso's alleged violations of the Canadian co...
    News
    Denso, Toyota name semiconductor JV ‘MIRISE Technologies’
    Toyota Motor Corp has said that its joint venture with Denso will be called MIRISE Technologies, a company press release on 10 December showed. The JV will be established in April 2020. The JV will conduct research and develop next-generation in-vehicle semiconductors and manufacturing electronic components using the semiconductors. MIRISE will perform research and development of power electronics, sensing and SoC (System-on-a-Chip). The JV will collaborate with universities, research institu...
    News
    Forecasting the implications of Euro 7 on powertrain technologies
    Introduction Governments around the world are beginning a substantial push towards a clean, zero-emissions society. While there are unquestionably challenges and obstacles to overcome in making this happen, the automotive industry is already showing its commitment to playing its part. Global tailpipe legislation is on a clear path toward zero emissions, with major governmental bodies such as the European Commission also now beginning to look beyond the conventional tailpipe. OEMs and ti...
    Insights
    loading
    Trending News
    Latest Podcasts
    Latest Reports
    Latest Insights
    Latest Profiles
    Latest Startups
    preload preload preload preload preload preload