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Denso Corporation Latest News

Japan's Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans.
Toyota Supplier Denso's Q1 Profit Tumbles 41%, Misses View
Denso's CTO, Yoshifumi Kato said last week that the company expected demand for auto chips to be about a third higher by 2025 than it was in 2020, as the key component was increasingly used in fossil-fuel cars, electric vehicles and autonomous drive technology.
Denso May Consider Spinning Off Chip Business: Report
Toyota will take a 90 percent stake in the joint venture, called EV Common Architecture Spirit Co Ltd, while Mazda and Denso Corp, Toyota's biggest supplier, will each take 5 percent.
Toyota To Form Electric Car Technology Venture with Mazda, Denso
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