Denso Announces Business Restructure
This month, Denso released its 2018 Annual Report, which details plans to restructure the company, along with its long-term corporate strategy. The report outlines plans, like having its Original Equipment Manufacturers (OEM) clients re-align with the company’s focus on “ACE” or “CASE”-based trends: Automated Driving, Connected Cars, and Electrification. As part of the new focus, the company will form a new Mobility Systems Unit that will focus on providing vehicle autonomy and providing new mobility services.
The establishment of a new mobility-focused division follows similar announcements by Bosch in March 2018, establishing Bosch Connected Mobility Solutions, Delphi spinning off APTIV, a separate mobility-focused business in 2017, AutoLiv spinning off Veoneer in 2017, and Continental’s 2020 mobility restructuring announcements made in July 2018. But why are Tier Ones restructuring so drastically ...
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