Infineon Technologies is strengthening its long-term partnership with DENSO Corporation to bolster its automotive business. Both companies aim to jointly enhance their system know-how in established and new technologies – like automated driving and electro-mobility.
Underpinning this collaboration, DENSO has bought an equity stake in Infineon in the range of a mid-double-digit million Euro amount.
“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 of DENSO Corporation.
“We are very pleased to expand our already well-established relationship with DENSO,” commented Reinhard Ploss, CEO of Infineon. “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.”
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