Automotive chips supplier onsemi has in-depth cooperation with Japan's DENSO in the field of automotive electronics. #Automotiveelectronics#chipssupplier#onsemi#DENSO#icgoodfind#adas On December 17th, onsemi (with the NASDAQ stock symbol: ON), an American automotive chip supplier, and DENSO CORPORATION (hereinafter referred to as "Denso"), an automotive electronics supplier (tier-one), announced the strengthening of their long-term cooperative relationship in the technologies of autonomous driving (AD) and advanced driver assistance systems (ADAS).
For more than ten years, onsemi has been providing Denso with the latest intelligent automotive sensors to enhance the performance of ADAS and autonomous driving. These semiconductors are becoming increasingly important in improving vehicle intelligence, including connectivity, and will contribute to reducing traffic casualties.
"Denso hopes to cooperate more closely with us, which shows their confidence in onsemi's innovation ability, professional knowledge in the automotive technology field accumulated over decades, and supply resilience," said Hassane El-Khoury, President and CEO of onsemi.
"As the world's second-largest automotive system and parts supplier, Denso relies on a powerful supply chain to ensure the reliable supply of key raw materials such as semiconductors, so as to continuously serve customers with cutting-edge and reliable products," said Shinnosuke Hayashi, President of Denso. "Therefore, it is crucial to cooperate closely with industry leaders like onsemi. Over the years, onsemi has been using intelligent sensing technology to improve vehicle safety and autonomy and provides the supply guarantee we expect."
As a symbol of the cooperation between the two parties, Denso plans to acquire shares of onsemi in the open market to further consolidate the long-term cooperative relationship.
About Denso
Denso is headquartered in Kariya City, Japan. It is a leading automotive supplier worth $47.2 billion, developing advanced technologies and components applicable to almost all current vehicle models. With manufacturing as the core, Denso has invested in approximately 180 production facilities around the world, providing promising career opportunities and producing cutting-edge electrification, powertrain, thermal management, and automotive electronics products that are changing the world. During the fiscal year ended March 31, 2024, Denso's R&D expenses accounted for approximately 7.7% of its global consolidated sales.
About onsemi
onsemi (with the NASDAQ stock symbol: ON) is committed to driving disruptive innovation and creating a better future. The company focuses on the major trends in the automotive and industrial end markets, accelerating the transformative innovation in segments such as the electronization of automotive functions, automotive safety, sustainable power grids, industrial automation, and 5G and cloud infrastructure. onsemi provides a highly differentiated portfolio of innovative products as well as intelligent power and intelligent sensing technologies to solve the world's most complex challenges and lead the creation of a safer, cleaner, and smarter world. onsemi is listed among the Fortune 500 in the United States and is also included in the NASDAQ 100 Index and the S&P 500 Index.
Eric Guo
Automotive chips supplier onsemi has in-depth cooperation with Japan's DENSO in the field of automotive electronics. #Automotiveelectronics #chipssupplier #onsemi #DENSO #icgoodfind #adas
On December 17th, onsemi (with the NASDAQ stock symbol: ON), an American automotive chip supplier, and DENSO CORPORATION (hereinafter referred to as "Denso"), an automotive electronics supplier (tier-one), announced the strengthening of their long-term cooperative relationship in the technologies of autonomous driving (AD) and advanced driver assistance systems (ADAS).
For more than ten years, onsemi has been providing Denso with the latest intelligent automotive sensors to enhance the performance of ADAS and autonomous driving. These semiconductors are becoming increasingly important in improving vehicle intelligence, including connectivity, and will contribute to reducing traffic casualties.
"Denso hopes to cooperate more closely with us, which shows their confidence in onsemi's innovation ability, professional knowledge in the automotive technology field accumulated over decades, and supply resilience," said Hassane El-Khoury, President and CEO of onsemi.
"As the world's second-largest automotive system and parts supplier, Denso relies on a powerful supply chain to ensure the reliable supply of key raw materials such as semiconductors, so as to continuously serve customers with cutting-edge and reliable products," said Shinnosuke Hayashi, President of Denso. "Therefore, it is crucial to cooperate closely with industry leaders like onsemi. Over the years, onsemi has been using intelligent sensing technology to improve vehicle safety and autonomy and provides the supply guarantee we expect."
As a symbol of the cooperation between the two parties, Denso plans to acquire shares of onsemi in the open market to further consolidate the long-term cooperative relationship.
About Denso
Denso is headquartered in Kariya City, Japan. It is a leading automotive supplier worth $47.2 billion, developing advanced technologies and components applicable to almost all current vehicle models. With manufacturing as the core, Denso has invested in approximately 180 production facilities around the world, providing promising career opportunities and producing cutting-edge electrification, powertrain, thermal management, and automotive electronics products that are changing the world. During the fiscal year ended March 31, 2024, Denso's R&D expenses accounted for approximately 7.7% of its global consolidated sales.
About onsemi
onsemi (with the NASDAQ stock symbol: ON) is committed to driving disruptive innovation and creating a better future. The company focuses on the major trends in the automotive and industrial end markets, accelerating the transformative innovation in segments such as the electronization of automotive functions, automotive safety, sustainable power grids, industrial automation, and 5G and cloud infrastructure. onsemi provides a highly differentiated portfolio of innovative products as well as intelligent power and intelligent sensing technologies to solve the world's most complex challenges and lead the creation of a safer, cleaner, and smarter world. onsemi is listed among the Fortune 500 in the United States and is also included in the NASDAQ 100 Index and the S&P 500 Index.
4 months ago (edited) | [YT] | 2