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MIRISE Technologies to be Launched to Develop Semiconductors in Effort to Achieve Safe and Comfortable Future Global Mobility Society

DENSO Corporation and Toyota Motor Corporation today announced that they have named the joint venture to be established in April 2020 MIRISE Technologies (“MIRISE”). The joint venture will conduct research and advanced development of next-generation in-vehicle semiconductors. MIRISE is an acronym for Mobility Innovative Research Institute for SEmiconductors. It also conveys “mirai” (a Japanese word for “future”) and “rise.” Yoshifumi Kato has been appointed President and Representative Director of the new company.

The goal for 2030 has been established and the priority activity policy (Mid-term Policy 2024) has been drawn up for building a rapid, competitive development system after the company is formed.

■ Goal for 2030

Achieve the future of mobility while preserving a pleasant environment and ensuring safety and comfort, based on the semiconductor electronics of MIRISE Technologies.

■ Priority activity policy (Mid-term Policy 2024)

MIRISE will accelerate the development of next-generation in-vehicle semiconductors that play a key role in technology innovation for electric vehicles and automated driving vehicles from aspects of both vehicles and components by combining Toyota’s knowledge on mobility with DENSO’s knowledge on in-vehicle components.

MIRISE will work on three technology development fields: (1) power electronics, (2) sensing, and (3) SoC (System-on-a-Chip). In the power electronics field, the company will work on R&D mainly for in-house production (including contract manufacturing) by leveraging the semiconductor material technologies as well as manufacturing and design technologies accumulated by Toyota and DENSO in electrification technologies, mainly in hybrid vehicles. In the sensing field, the company will work on development for in-house production and cooperation with joint development partners. In the SoC field, the company will strengthen its ability to determine the specifications of optimal SoCs for mobility in the future.

To achieve the above goals based on a speedy and competitive system, MIRISE will start negotiations on cooperation with universities, research institutes, start-ups, and semiconductor-related companies. The recruitment of semiconductor engineers will also be strengthened.

* Establishment of the joint venture requires the approval of antitrust authorities.

Profile of the new company

1. Name MIRISE Technologies
2. Location 500-1 Minamiyama, Komenoki-cho, Nisshin City, Aichi Prefecture, Japan (on the premises of the Advanced Research and Innovation Center)
3. President Yoshifumi Kato (currently a Senior Executive Officer of DENSO)
4. Establishment April 1, 2020 (planned)
5. Capital 50 million yen
6. Ownership DENSO: 51%, Toyota: 49%
7. Employees About 500 (when the company is established)
8. Business Research and advanced development of in-vehicle semiconductors and development of electronic components using semiconductors

 

Contact information regarding this news release
•  DENSO Corporation: Public Relations Div.  +81-566-55-9752

•  Toyota Motor Corporation: External & Public Affairs Div.

Tokyo: +81-3-3817-9111 to -9117, Nagoya: +81-52-552-0603 to -0609,

Toyota: +81-565-23-3510 to -3518

 

 

DENSO Places Emphasis on Technology that Improves On- and Off-Road Safety

SOUTHFIELD, Mich. (December 9, 2019) – DENSO, the world’s second largest mobility supplier, is developing new technologies and strengthening initiatives that improve pedestrian and overall community safety. In 2018, the number of pedestrian fatalities increased by 3.4%, reaching its  highest level in nearly three decades. This statistic reinforces how vital it is for autonomous and connected vehicle technologies to provide safety for not only drivers and passengers, but also pedestrians and other road users, like cyclists. Today, DENSO is reinforcing its commitment to increased safety efforts that encompass new mobility ecosystem developments.

“Since our founding 70 years ago, safety has always been top of mind at DENSO,” said Roger Berg, vice president of North America Research and Development at DENSO. “It is not enough to provide high-quality mobility products and services – the safety of drivers, passengers, and corresponding community members is also paramount to the success of effective transportation. Whether you’re driving or walking down the street, the automotive industry has a responsibility to make travel safe and reliable for all. As a mobility leader, we take that responsibility seriously.”

DENSO’s efforts to increase road and pedestrian safety include:

  • Investment in DENSO’s first Smart Mobility Ecosystem. Earlier this year, DENSO invested $1.42 million and partnered with a coalition of municipal, state, business and academic partners to launch its first Smart Mobility Ecosystem in Dublin, Ohio with the goal of enhancing transportation in the area. Here, DENSO is using blockchain technology to gather previously untapped roadway data, which is vital to increasing road and pedestrian safety.

 

  • Development of vision sensors. DENSO developed a new standard vision sensor that can detect pedestrians, cyclists, objects and other road users for improved night driving safety. The sensor allows vehicles to automatically brake when objects are identified, reducing the risk of accidents. In 2018, DENSO released this technology in global markets.

 

 

  • Creation of advanced driver-assistance systems (ADAS). From brake control systems to environment recognition technologies, DENSO has a long history of creating an array of ADAS technology that increases road safety. In fact, DENSO created the world’s first two-dimensional light detection and ranging (LIDAR), a device used in collision avoidance systems and which enables automated driving. DENSO has also released a retrofittable driver status monitor, a product that detects drowsy or distracted driving in commercial vehicles and voices alerts to prevent distracted driving, a leading cause of accidents and pedestrian fatalities.

At DENSO, safety is everything. The company envisions a mobility future that is accident free and is always looking for inspired individuals to help make it a reality. To learn more about how you can help, and build a rewarding career in the process, visit www.densocareers.com.

 

About DENSO Corporation

DENSO is a $48.3 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 221 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO employs 27,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 13 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2019, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.

 

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Ford, EY, DENSO to Co-Host Women of Inforum@CES Networking Reception to Connect Women in Tech

DETROIT, Mich. (Dec. 3, 2019) Women make up half of the total U.S. college-educated workforce, yet represent only 28% of the science and engineering workforce and hold only about a quarter of the jobs in automotive manufacturing.

To connect talented women and men within the automotive and other tech-reliant industries, Ford Motor Co., EY and DENSO will host the Women of Inforum@CES event at the 2020 show to showcase and support the work of Inforum, a nonprofit dedicated to accelerating the careers of women and building talent initiatives at companies. The reception will be Wednesday, January 8, 2020, 4-6 p.m. PST, at the Ford Exhibit in the North Hall of the Las Vegas Convention Center.

“Women represent an important but underrepresented part of the automotive workforce and in STEM fields overall. We, along with our partners, are working to rectify this,” said Terry Barclay, president and CEO of Inforum. “CES represents an excellent opportunity to tap into the talented women and men in these growing fields, and help them make the connections needed to advance and elevate their careers. This event will bring together corporate partners, our members and participants in our AutomotiveNEXT initiative, and others who are invested in building the best talent pipelines through workplaces that value diversity and inclusion (D&I).”

“For the past 150 years, Ford has built a legacy based on innovation and serving others. Hosting this CES event allows us to bring together both those pillars,” said Kiersten Robinson, Chief Human Resources Officer at Ford Motor Company. “Ford is committed to diversity and cultivating inclusion so that each of us has an opportunity to learn, grow and thrive — making our teams and the entire automotive industry stronger and more innovative.”

“EY is proud to be a co-host of this year’s Women of Inforum@CES Networking Reception,” said Randy Miller, EY Global Advanced Manufacturing & Mobility Leader and industry sector leader for D&I.  “This event is an opportunity to recognize and celebrate achievements of women who have made significant contributions to the automotive sector while also bringing awareness of the continued importance diversity and inclusion plays for the future of the industry. Our data shows that companies with more gender diversity in the C-suite outperform their rivals, and yet women still remain underrepresented in the automotive sector and across STEM careers. The industry can and must do better, and events like this one highlight what is possible when individuals are given opportunities to realize their full potential.”

“Supporting and advancing diversity and inclusion is core to DENSO as a company and crucial for our success,” said Denise Carlson, vice president of DENSO’s North American production Innovation Center and executive lead for D&I. “By bringing together unique perspectives and experiences, we’re able to better champion the future of mobility. Hosting this event, alongside some of the biggest players in tech, automotive and financial services, allows us to connect talented women invested in STEM and help them move their careers, and ultimately our industry, forward.”

Those interested in attending the Women of Inforum@CES event can RSVP by emailing cgoodaker@inforummichigan.org. Hors d’oeuvres and drinks will be provided.

About Inforum

Created in 1962 as the Women’s Economic Club, Inforum offers strategic networking, leadership and training opportunities, and educational research and advocacy to accelerate careers, boost talent initiatives for companies, and boost women’s leadership contribution in the economy. For more information, see www.inforummichigan.org.

About Ford Motor Company

Ford Motor Company is a global company based in Dearborn, Mich. The company designs, manufactures, markets, and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles, and mobility solutions. Ford employs approximately 191,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com.

About EY

EY is a global leader in assurance, tax, transaction, and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients, and for our communities.

EY refers to the global organization and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation is available via ey.com/privacy. For more information about our organization, please visit ey.com.

About DENSO

DENSO is a $48.3 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 221 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO is headquartered in Southfield, Michigan, and employs 27,000+ engineers, researchers, and skilled workers across 51 sites in the U.S, Canada, and Mexico. In the United States alone, DENSO employs 17,700+ employees across 14 states (and the District of Columbia) and 41 sites. In fiscal year ending March 31, 2019, DENSO in North America generated $10.9 billion in consolidated sales. DENSO is committed to advancing diversity and inclusion inside the company and beyond – a principle that brings unique perspectives together, bolsters innovation, and pushes DENSO forward. Join us, and craft not only how the world moves, but also your career: www.densocareers.com. For more information, go to https://www.denso.com/us-ca/en/.

 

Additional contacts:

Cindy Goodaker, Inforum, 313.324.0042, cgoodaker@inforummichigan.org

Cassandra Hayes, Ford Motor Company, chayes72@ford.com, 917.689.0841

Edgar Vela, EY, Edgar.R.Vela@ey.com

 

 

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