Denso’s CTO, Yoshifumi Kato, said last week that the company expects demand for auto chips to be about a third higher by 2025 than in 2020, as key components boom in fossil-fuel cars, electric vehicles and autonomous drive technology. was being used from.
see photosDenso Corporation is one of the main supplier of Toyota Motor Corporation.
Denso Corp may consider shutting down its chip business, a top executive at a major Japanese manufacturer of semiconductors used in automobiles and a main supplier of Toyota Motor Corp told Bloomberg News on Friday.
“We need to think about whether the time will come when we sell semiconductors alone, externally,” Bloomberg quoted Denso’s chief technology officer Yoshifumi Kato as saying in an interview.
Nothing was settled on a split and the company’s focus was on meeting demand for the internal chip, Bloomberg quoted Kato as saying.
A company spokesperson said Denso is not considering winding up the semiconductor business at this time.
Kato said last week that the company expects demand for auto chips to be about a third higher by 2025 than in 2020, as the key component in fossil fuel cars, electric vehicles and autonomous drive technology was increasingly used .
Global chip shortages have plagued everything from smartphone makers to consumer electronics firms and car makers, following a surge in demand following the easing of the COVID-19 pandemic in many places.
The shortage has forced companies, including Toyota, to cut production repeatedly.
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