DENSO Corporation
onsemi
DENSO Corporation (Headquartered in Kariya, Aichi Prefecture, President: Shinnosuke Hayashi, hereafter referred to as DENSO) and onsemi (Headquartered in Arizona, USA, President: Hassane El-Khoury, hereafter referred to as onsemi) have agreed to strengthen collaboration in the field of Semiconductors, which is essential for Self-Driving Cars and Advanced Driver Assistance Systems.
Recently, Semiconductors have become increasingly important as products supporting the intelligence of Autos such as Self-Driving Cars and Connected Cars, which are expected to contribute to zero deaths from traffic accidents, and they are indispensable for realizing a sustainable society.
DENSO and onsemi have collaborated for ten years through the Trade of the latest automotive Image Sensors. Moving forward, both companies aim to achieve a stable supply of high-quality Semiconductors that contribute to a sustainable society, and will work towards reducing the number of fatalities from traffic accidents through the performance enhancement of Self-Driving Cars and Advanced Driver Assistance Systems.
Denso Corporation, President and CEO, Shin Nosuke Hayashi.
Our company continues to provide cutting-edge products to customers in collaboration with reliable Trade partners. Strengthening our relationship with ON Semiconductor, which has led the market for many years with high-performance automotive Image Sensor technology, we will enhance our technical development and supply system towards improving the safety and intelligence of Autos.
ON Semiconductor President and CEO Hassane El-Khoury.
The strengthening of cooperation between the two companies is a testament to our innovative capabilities in automotive technology, decades of expertise, and the trust placed in us regarding supply resilience.
Denso will acquire a portion of ON Semiconductor's Stocks to promote this collaboration.
