Denso Corporation, major supplier of automotive technology and components, is to integrate the operations of three of its group companies: Denso Korea Electronics Corporation, Denso Korea Automotive Corporation, and Denso International Korea Corporation.
The combined companies will operate as Denso Korea Corporation and will integrate the development, manufacturing and sales of automotive components in the region.
Since the establishment of its first production company in South Korea in 1976, Denso has locally manufactured display products, such as instrument clusters and head-up displays, as well as car air conditioners, starters, alternators, and small motors for automakers in South Korea.
In 1997, Denso established a sales company, which is currently connected a technical centre to fulfil development functions, in order to promote localisation of operations.
The operational integration of the three companies will create synergies in both technology development and production, and incorporate sales functions to accelerate the development of products that meet the needs of local customers.
The functional sections, including business planning, will be consolidated to increase management speed, says the company.