Denso considers spinning off semiconductor operations into standalone company.
Auto Business News-June 14, 2022--Denso considers spinning off semiconductor operations into standalone company
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Auto Business News - 14 June 2022
Japan-based Denso Corporation is considering spinning off its semiconductor operations into a standalone company, according to local reports citing a key company executive.
The company is taking this step to help it concentrate on increasing demand from the semiconductor segment. This move is intended to allow the company to concentrate on growth, potential partnerships and merger and acquisition opportunities.
Chief technology officer Yoshifumi Kato, said, 'We need to think about whether the time will come...
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