|Wednesday, 26 December 2018, 15:07 HKT/SGT|
KARIYA, JAPAN, Dec 26, 2018 - (JCN Newswire) - Aisin Seiki Co., Ltd., ADVICS Co., Ltd., JTEKT Corporation and DENSO Corporation have formally agreed to form a new company to develop integrated control software that will be used for automated driving, vehicle motion control, and other related functions. The new company is named J-QuAD DYNAMICS and will be established in April(1) 2019. In August 2018, the four companies announced their basic agreement to establish a joint venture.
To achieve safe, secure, and widespread automated driving, a more sophisticated integrated vehicle control system is required to coordinate sensors, brakes, and steering systems. The software enables vehicles to better manage acceleration, turning, and braking, which is critical for future mobility solutions. Founded by the four investing companies, the new company will develop software and provide engineering services to accelerate the development of integrated vehicle control systems for automakers in Japan and throughout the world.
AISIN, ADVICS, JTEKT, and DENSO will combine their unique strengths and technical expertise on automated driving, vehicle motion control, and related functions to develop this software-based solution to meet the needs of their customers today and in the future more efficiently and quickly. The companies collaboration and creation of J-QuAD DYNAMICS will develop higher value-added integrated vehicle control systems to create safer and smarter mobility.
(1) The establishment of this new company requires the approval of antitrust authorities.
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% 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.
Sadayoshi Yokoyama, Toshiko Watanabe
Dec 26, 2018 15:07 HKT/SGT
Topic: Press release summary
From the Asia Corporate News Network
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