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Aisin Seiki reaches basic agreement to establish JV to develop integrated ECU software for automated driving


Monday, 27 Aug 2018 

Aug 27(Reuters) - Aisin Seiki Co Ltd <7259.T>:Says Aisin Seiki Co Ltd (AISIN), ADVICS Co Ltd (ADVICS), JTEKT Corporation (JTEKT) <<<6473.T>>> and DENSO Corporation (DENSO) <<<6902.T>>> today 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 JV will be capitalized with the participation ratio of DENSO 65 percent, AISIN 25 percent, ADVICS 5 percent and JTEKT 5 percent . 

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