Japan’s Denso to Invest $3.3 Billion to Bulk up Chips Business, President Says

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TOKYO (Reuters) – Japanese automotive supplier Denso will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as aims to triple the scale of its chips business by 2035 from current levels, the company’s president said on Thursday.

(Reporting by Daniel Leussink; Editing by David Dolan and Jamie Freed)

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