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Onsemi's deal with Denso shows 'confidence' in chipmaker's portfolio, says Wells Fargo"While likely a small stake, we view [this] as illustrating confidence in ON's portfolio/roadmap," said Wells Fargo Analyst Joe Quatrochi and his team. The analysts added that Denso, a major ...
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. The move is ...
while auto supplier Denso Corp. will take a 10-percent stake. TSMC , which is the world's largest contract chip maker, announced the $7 billion factory in southern Japan in November and ...
Toyota supplier Denso cuts forecast after Q3 profit hit by extra costs Harmonic Drive Systems , a Japanese maker of speed reducers, said on Wednesday that Toyota Motor will sell its entire stake ...
Denso reported a near sixfold jump in third-quarter operating profit on Friday. Its performance is an indicator for Toyota, due to report earnings on Wednesday, as it reflects broader trends in ...
The sale of shares in Denso would mark the latest step by the world's top selling automaker to cash in on stakes in group companies as it ramps up production of fully electric vehicles ...
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