Joining forces to mingle technology with sustainability, DENSO has announced a stake acquisition in ROHM to boost semiconductor development for growing electric vehicle demand.
Automotive manufacturer DENSO CORPORATION and semiconductor designer ROHM have announced plans to explore a partnership in the semiconductor industry to address the growing demand for electronic components in electric vehicles (EVs).
As a part of the collaboration, DENSO plans to acquire a stake in ROHM to ensure consistent supply and accelerate technologyl innovations in fields like autonomous driving, connectivity, improving road safety, and vehicle electrification. However, no financial information regarding this deal has been disclosed.
The companies have recognised the global shift toward carbon neutrality, and the need for semiconductors in that aspect. DENSO has been building partnerships with experienced semiconductor manufacturers. On the other hand, ROHM offers a diverse portfolio of automotive electronics semiconductors, including discrete devices, power devices, and analogue semiconductors, backed by extensive mass production experience.
According to ROHM, the relationship between DENSO and ROHM has been evolving over the years, particularly in the joint development of analogue semiconductors.
The company further stated that DENSO’s share acquisition will enhance their cooperative efforts.
The pursuit of sustainability requires collaborative advancements at the device level, and ROHM is confident that working closely with DENSO will contribute to a more sustainable future through improved system development in the automotive and industrial sectors.