Japan’s Denso to target USD 8 bln in electrification revenue by FY 2025, ET Auto
Denso reiterated an October commitment to invest about 500 billion yen in semiconductors by 2030. Japanese automotive supplier Denso aims to increase its revenue from electrification to 1.2 trillion yen ($7.97 billion) by the 2025 business year and 1.7 trillion yen by the turn of the decade, the company said on Wednesday. Denso aimed to…