German semiconductor specialist Infineon is intensifying its cooperation with the Japanese supplier Denso. They want to expand their system know-how in areas such as e-mobility and automated driving together and committed through investments.
Denso has acquired Infineon shares, saying they range in the “mid-double-digit million euro” realm. In turn, Dr. Reinhard Ploss, CEO of Infineon, said they “welcome Denso as a shareholder”.
At the same time, Infineon is hoping to strengthen their position in Japan by intensifying their longstanding partnership with Denso. For Infineon this step is one of many on the way to cater to the market for electric vehicles. Most recently, the supplier entered into a joint venture agreement with SAIC of China reportedly. At the time Infineon stated explicitly, their interest in electric and plug-in hybrid vehicles.
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