Aisin Seiki Co., Ltd, ADVICS Co., Ltd., JTEKT Corporation and DENSO Corporation announced that the four companies have reached a basic agreement to establish a joint venture company to develop integrated ECU software for automated driving and vehicle dynamics control. The company will be capitalized with the participation ratio of DENSO 65%, AISIN 25%, ADVICS 5% and JTEKT 5%. Here’s what driving the deal: The automotive industry is in an era […]
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