Top Toyota supplier Denso mulls US$3bil chip unit spin-off


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TOKYO: Denso Corp, one of the world’s top automotive semiconductor manufacturers and a key supplier to Toyota Motor Corp, (pic) may consider spinning off its chip business, which generates around 420 billion yen (US$3.1bil or RM13.6bil) in sales, the company’s chief technology officer says.

Well known as the world’s second-biggest auto-parts maker, Denso has also quietly built up a presence in automotive chips.

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Denso , Toyota , chip making , spinoff ,

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