DENSO and NEC Establish a Joint Venture to Develop Essential Connectivity Technologies for Cars of the Present and Future. The company will develop in-vehicle information and communications equipment critical for fostering a truly connected environment inside vehicles, such as instrument clusters, head-up displays, and on-board communication equipment. The company will start operations on December 1, 2017.
DENSO NEXT will be located on the premises of NEC's Tamagawa Plant in Kawasaki, Kanagawa, Japan. The innovations developed by DENSO and NEC Platforms engineers will enable DENSO to more efficiently produce existing information and communications equipment, and to create new products in line with vehicle cockpit advancements.
DENSO NEXT combines DENSO's deep experience with automotive components and NEC and NEC Platforms' expertise in IT and network technologies and experience in developing automotive components. NEC and NEC Platforms have expertise in ICT and conventional in-vehicle equipment through their development of wireless communication and software products. Their expertise will be applied to achieve further advancement of in-vehicle equipment that requires high reliability and long-term assurance.
In December 2016, DENSO and NEC started to collaborate in advanced driver assistance, automated driving, and manufacturing using AI and IoT. The two companies will take full advantage of technologies, products, and organizations created through the collaboration to help create a safe and secure automotive society for all people around the world.
The profile of the joint venture is as follows.
About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.
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 and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.
NEC Seiichiro Toda email@example.com +81-3-3798-6511 DENSO CORPORATION Sadayoshi Yokoyama, Toshiko Watanabe Phone: 81-566-25-5594 Fax: 81-566-25-4509 firstname.lastname@example.org email@example.com
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