DENSO buys equity stake in Infineon

DENSO buys equity stake in Infineon

By eeNews Europe

The new level of cooperation will allow the companies to jointly enhance their capabilities in both existing and new technologies, such as automated driving and electro-mobility. To underpin the collaboration, Japan-based DENSO has purchased an equity stake in Infineon in the range of a mid-double-digit million Euro amount.

Dr. Reinhard Ploss, CEO of Infineon said, “Our collaboration with Japan’s largest and world-leading automotive system supplier is strengthening our links with the Japanese industry as well as our position in the Japanese and global semiconductor market. We welcome DENSO becoming a shareholder.”

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