DENSO CORPORATION (“DENSO”) and ROHM Co., Ltd. (“ROHM”) hereby announce that the two companies have agreed to start consideration of a strategic partnership in the semiconductor field.
As the development and spread of electric vehicles accelerates toward the realization of carbon neutrality, the demand for electronic components and semiconductors required for electrification of vehicles is rapidly increasing. In addition, semiconductors are becoming increasingly important as products that support the intelligence of vehicles, such as automated driving and connectivity, which are expected to contribute to eliminating fatalities in traffic accidents, and are essential to the realization of a sustainable society.
DENSO and ROHM have been working together through trade and development of semiconductors for automotive applications. Going forward, both companies will consider this partnership to achieve a stable supply of highly reliable products, as well as for various initiatives to develop high-quality and high-efficiency semiconductors that contribute to a sustainable society. To further solidify the partnership, DENSO will acquire a portion of ROHM's shares.