Denso and Rohm agree semiconductors deal [Yahoo! Finance]
DENSO CORP UNSP/ADR (DNZOY)
NASDAQ:AMEX Investor Relations:
denso.com/global/en/investors
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Source: Yahoo! Finance
The two companies said they have been working together through trade and development of semiconductors for automotive applications. Going forward, both companies will consider this partnership to achieve a stable supply of highly reliable products, they said. To further solidify the partnership, Denso will acquire a portion of Rohm's shares. Denso Corporation President & CEO, Shinnosuke Hayashi said: “Rohm has a lineup of semiconductors in a wide range of areas important for automotive electronics, including analog semiconductors, power devices, and discrete semiconductors, and has extensive mass production experience. We believe that by integrating the automotive technologies and expertise we have cultivated over the years, we will be able to ensure a stable supply and accelerate technological development.” Rohm President (Representative Director), Isao Matsumoto, said that Denso and Rohm have been deepening collaboration for many years, and in recent years have been working o
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