Denso to form strategic alliance with Sharp

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Denso Corp has signed a stock subscription agreement with Sharp Corp to purchase 2.5 billion yen worth of stock issued by Sharp. Denso and Sharp will collaborate to create new technologies that improve the comfort, safety and convenience of vehicles by integrating vehicle technologies with home electronic technologies.

The collaboration between the two companies will mainly involve the development of comfort technologies for vehicle passengers and connecting vehicle technologies with home and home electronics.

Denso, headquartered in Kariya, Aichi Prefecture, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers.

Worldwide, the company has more than 200 subsidiaries and affiliates in 36 countries and regions (including Japan) and employs more than 130,000 people.