Denso Takes Equity Stake in Infineon
Japanese automotive components supplier Denso Corp. grabbed a stake in German chipmaker Infineon Technologies, investing an undisclosed amount described as "the mid-double-digit million-euro amount."Denso and Infineon aim to accelerate development of new and emerging automotive technologies — including automated driving, vehicle electrification and electro-mobility — using Infineon’s intelligent sensors, microcontrollers and power semiconductors.Infineon — which currently has a market capitalization of nearly $23 billion — said the two companies have been working together for more than 10 years and that Denso wanted to underline the partnership with a small equity stake.In 2012, Infineon received a technical development award from Denso for its tire pressure sensor chip supporting built-in auto-location. The tire pressure monitoring system (TPMS) sensors measure pressure inside the tire and the pressure value is transmitted via RF to the receiving unit of the car. Auto-location means that the system automatically correlates the four received pressure signals with the appropriate four tire positions.Denso's investment comes as the company recognizes that with increased functionality in vehicles and advanced electronic control, demand for semiconductor products will grow exponentially. Next-generation vehicle systems required for widespread automated driving, electrification and connected cars are becoming more sophisticated and will feature more advanced technology. The company said it has been working with chip suppliers like Infineon to enhance in-vehicle semiconductor product development.“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, Denso's senior executive director, in a press statement.Denso, headquartered in Japan's Aichi prefecture, has approximately 220 subsidiaries in 35 countries and regions.Last month, Denso announced that it is establishing a new facility at Haneda Airport in Tokyo to develop and test automated driving technologies. The facility, which is expected to be completed by June 2020, will feature a building and proving ground for mobility systems R&D. This location is part of a broader initiative led by Tokyo’s Ota City, Denso  and other entities to transform underutilized space at the airport into a hub for leading-edge technology development and mixed-use cultural facilities.Denso also established an automated driving R&D office near Shinagawa Station in Tokyo's Minato to promote collaboration and open innovation with its development partners, which include automakers, universities, research institutes and startups. This facility will include a building to develop prototypes and maintain test vehicles and also a proving ground to conduct live, in-vehicle tests.
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Release time:2018-11-27 00:00 reading:1165 Continue reading>>
Denso Commits to Rejuvenated Renesas
  Denso Corp., based in Japan and one of the world’s largest Tier Ones, announced Friday a tenfold increase in its share of Renesas Electronics from 0.5% to 5%.  With this commitment, Denso bestows a tacit endorsement of the topline recovery accomplished by a once-beleaguered Japanese automotive chip company. Denso’s move also reflects the current thinking among carmakers and Tier Ones who are scrambling to compete in a nascent but ever-accelerating automated vehicle race.  Denso explained during the announcement that in developing “competitive vehicle control systems in new fields such as automated driving,” the company considers it “essential to further enhance collaboration with semiconductor manufacturers that have profound experience and expertise.”  What it means to Renesas  Denso is acquiring the stake from Innovation Network Corp of Japan (INCJ), a state-backed fund, said INCJ in a statement.  The deal’s terms were not disclosed, but the transaction is worth about 85 billion yen ($796.9 million), based on Renesas’ share price, reported Reuters.  In efforts to save the company, Japan effectively turned Renesas into a state-owned chip manufacturer in the fall of 2013. INCJ — with 90% of its funding from the Japanese government — took over 69.16% of Renesas at that time.  Since then, INCJ has gradually reduced its stake in Renesas. With Denso coming in, INCJ’s share drops to 45.6%.  Renesas is no stranger to Denso, and Denso’s increased interest is expected to further cement their ties.  Last fall, Renesas announced that its R-Car SoC has been selected for Denso’s engine control unit (ECU), which will be used for Toyota’s upcoming autonomous-driving vehicles.  At the time of the announcement, Renesas said that Toyota had selected Renesas “as the key semiconductor supplier for its “Highway Teammate,” an autonomous-driving prototype car designed to merge, pass, change lanes, and perform other actions during highway driving under supervision.” Production vehicles are planned for sale by 2020, said the companies.  Denso’s plan  Denso, a Toyota affiliate, maintains a large global presence, with annual revenue of $40.4 billion and 9% of its revenue spent for its own R&D.  Despite being a part of the Toyota Group, sales to Toyota Group account for less than 50% of Denso’s revenue in 2016. In other words, instead of putting all its eggs in one basket (such as Renesas), Denso has focused on developing diversified autonomous vehicle solutions for various car OEMs (other than Toyota).  Denso, for example, is a key investor in an AI processor startup called ThinCI (pronounced “Think-Eye”). Last summer, Denso established a new subsidiary to design and develop semiconductor IP cores for components necessary in automated driving. The new chip architecture is being jointly developed with ThinCI, announced Denso at that time. Denso calls it a Data Flow Processor (DFP), describing it as “very different from a CPU or GPU.”  Yukihiro Kato, senior executive director at Denso, who delivered a keynote speech at the ISSCC last month in San Francisco, lingered over his description of the Denso-proposed DFP, calling it ideal for “high-speed processing with the pace of natural human reflexes.”  Asserting that the automotive industry has entered “a century transformation” period, Kato said that Denso is taking innovation seriously and has its fingers in every core technology development that matters to future mobility.
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Release time:2018-03-13 00:00 reading:2426 Continue reading>>
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