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Denso

Toyota selling part of Denso stake to raise cash to develop electric vehicles

A logo of Toyota Motor Corp. at a dealer Wednesday, May 11, 2022, in Tokyo. Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan's top automaker said Wednesday, Nov. 29, 2023. Credit: AP Photo/Eugene Hoshiko, File Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and…

Denso boosts fiscal Q2 revenue

Supplier Denso said second fiscal quarter revenue rose 16.9% year on year to JPY3,020.1bn (US$20.9bn). Operating profit slipped 2.5% to JPY155.4bn ($1.1bn) and consolidated profit was off 6.1% to JPY105.8bn. “Revenue in the first half of our fiscal year increased compared to the previous year due to sales recovery, sales expansion and foreign exchange gains,” said CFO Yasushi Matsui. “Operating profit decreased…

NTT and Denso team up on cybersecurity

NTT Communications and Denso said they would collaboratively develop a Security Operation Center for Vehicles (VSOC) to respond to the threat of increasingly sophisticated cyberattacks. The pair will establish and develop technology for the VSOC(vehicle SOC) service and its operating systems. NTT will contribute managed IT security, including networking, cloud computing, and ICT SOC while Denso will provide claimed…

NTT and Denso to build ‘ecosystem for EV batteries’

NTT DATA and Denso have started to build what they describe as an industry-wide ecosystem for electric vehicle (EV) batteries. This will create global trusted dataspaces where only necessary data can be shared, while also protecting private data, the companies say. The new battery regulation currently being reviewed in Europe will require disclosure of CO2 emissions and the resource recycling rate throughout battery…

Denso widens vision sensor angle

Denso has expanded the detection angle of its vision sensor, increasing the sensor’s ability to recognise pedestrians and bicycles around a vehicle to improve road safety. The vision sensor is used on some grades of the Subaru Legacy Outback, announced in April 2022, for sale in North America, and the redesigned Crosstrek unveiled in September 2022 for Japan. The supplier said many traffic accidents occur when cyclists…

Bridgestone Reports Ransomware Attack at US Subsidiary After Toyota Reports Similar Incident

Japanese tyre manufacture Bridgestone on Friday said its US subsidiary has suffered a ransomware attack, just weeks after suppliers of automaker Toyota Motor reported similar attacks.Bridgestone in a statement said third-party unauthorised access was made at Bridgestone Americas on February 27, prompting it to shut down its computer network. It said it later reconnected the network after a comprehensive security check.An investigation later determined the incident to be a ransomware attack, Bridgestone said.The…

Denso develops new EV charging technology

Denso has developed technology for wireless power transfer devices to automatically charge EV batteries when stationary or on the move. IEV users are familiar with the challenges related to finding charging stations, particularly in cities or countries where EV uptake is still low. This lack of charging points, combined with range anxiety that comes with it, are some of the key considerations for potential buyers. While it…

Denso mulls spinning off chip business

Denso Corporation is considering spinning off its semiconductor operations into a standalone company to help it better focus on the growing demands of the segment, according to local reports citing a key company executive. Japan’s largest automotive components manufacturer, 25% owned by Toyota, generated more than US$45bn in global sales in the last fiscal year from a wide range of automotive components, including…