Japan's Denso to invest $3.3 billion to bulk up chips business, president says

📆 25/10/2023 8:34 p. m.
📰 ChannelNewsAsia

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TOKYO : Japanese automotive supplier Denso will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as aims to triple the scale of its chips business by 2035 from current levels, the company's president said on Thursday.($1=150.

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File PhotoTOKYO : Japanese automotive supplier Denso will invest about 500 billion yen in semiconductors by 2030 as aims to triple the scale of its chips business by 2035 from current levels, the company's president said on Thursday.

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