July 10 - 09:07
Toyota and Denso to build chips for self-driving cars
Toyota is to work with parts maker Denso on semiconductor chips for autonomous cars. They are to set up a joint venture which will launch next April. Denso has long been a Toyota supplier but will be the majority shareholder in the new enterprise, owning 51%. Last June, the two companies agreed to consolidate the production of electronic components to Denso.
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