DENSO Expands Presence in Silicon Valley, California
November 1, 2014     Japanese 
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DENSO Expands Presence in Silicon Valley, California - JCN Newswire
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DENSO Expands Presence in Silicon Valley, California

Tokyo, May 29, 2014 - (JCN Newswire) - Global automotive supplier DENSO is expanding its Silicon Valley, California office to further support and promote startup companies and advanced research and development activities in multiple areas of technological innovation. DENSO plans to grow its "think tank" to 20 people, which is about three times of the current personnel over the next three years. Key focus areas will be cyber security, big data and autonomous driving.

"In North America, 700 DENSO employees are developing technologies related to environment and safety mainly in the technical center located in Southfield, Michigan. The expansion of Silicon Valley office will strengthen our research and development ability, not only North America but worldwide." said Masahiko Miyaki, executive vice president in charge of DENSO's overall R&D.

Also, as part of its substantial innovation efforts, DENSO has created a dedicated team in the Silicon Valley office that will aggressively pursue investments into entrepreneurs and startup companies. Not only will DENSO be investing in automotive technologies, but also startups pursuing unique solutions in key non-automotive sectors, such as health and medical, security, power storage, electric mobility, sensors and biotechnology.

DENSO first opened its Silicon Valley office in 2011, with the dual intention of strengthening and growing its core automotive business and to also discover and promote unique non-automotive technologies the company can deploy to expand its business into new markets.

Profile of DENSO' Silicon Valley office
1. Name DENSO International America Silicon Valley Office
2. Location San Jose, California, United States
3. Establishment April 2011
4. Employees 6 (as of April 2014)

About Denso

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, 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 38 countries and regions (including Japan) and employs more than 130,000 people. Consolidated global sales for the fiscal year ending March 31, 2013, totaled US$38.1 billion. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

Contact:

Sadayoshi Yokoyama, Toshiko Watanabe 
DENSO CORPORATION 
Phone: 81-566-25-5594 
Fax: 81-566-25-4509 
sadayoshi_yokoyama@denso.co.jp 
toshiko_watanabe@denso.co.jp 

 


May 29, 2014
Source: Denso

Denso (TSE: 6902) (U.S: DNZOY)

From the Japan Corporate News Network
http://www.japancorp.net
Topic: Establish Subsidiary
View more news from these Sectors: Automobile Parts and Manufacturing, Automobile Technical


 
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