DENSO CORPORATION in Automotive Relay
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Summary
Denso Corporation offers decent product breadth and depth in the automotive relay market. The company serves passenger cars, commercial vehicles, and electric & hybrid vehicles and also has a wide range of automotive relays. The relay types include power PCB relays, low profile micro ISO relays, power mini ISO relays, IC Flashers (2 relay type) and high voltage relays. The company has a wide global presence, with 189 subsidiaries located in 35 countries. The company has a strong focus on research and development and has invested 8.8% of total revenue in R&D in the year 2016. Denso serve major automotive OEMs such as Toyota (Japan), BMW (Germany), Hyundai (South Korea), Nissan (Japan), Audi (Germany), GM (U.S.), Honda (Japan), Daimler (Germany), Suzuki (Japan), Porsche (Germany), Mercedes-Benz (Germany) and others.
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DENSO CORPORATION Presence in
Automotive Relay
The business strategy score of Denso Corporation is given on the basis of business revenue, key strategies, and infrastructure capacity. The company is focused towards the automotive electronics segment which includes automotive relay for each application. For instance, the company is planning to expand its automotive electronics business segment, as its wholly owned subsidiary namely Denso Iwate Corporation (Japan) will be in operation from October 2018. The company has invested USD 90 million in this facility, and the production will begin from May 2019. Additionally, the company has signed an agreement with Fujitsu Ltd (Japan) and acquired shares worth USD 150 million. Both the companies together will strengthen their automotive electronics segment.
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SME
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