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Denso may consider spinning off chip business, Bloomberg says, citing executive

Denso Corp’s robot arm “Denoute-san” plays Japanese chess, also known as Shogi, at a booth during Niconico Chokaigi 2015 in Makuhari, east of Tokyo, Japan April 26, 2015. REUTERS/Yuya Shino/File Photo

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TOKYO, June 10 (Reuters) – Denso Corp (6902.T) may consider spinning off its chip business, a top executive of the major Japanese maker of semiconductors used in automobiles and a main supplier to Toyota Motor Corp (7203.T) told Bloomberg News on Friday.

“We need to think about whether the time will come when we sell semiconductors, alone, externally,” Bloomberg quoted Denso’s chief technology officer, Yoshifumi Kato, as saying in an interview.

Nothing had been decided on a split and the company’s focus for now was on meeting internal chip demand, Bloomberg cited Kato as saying.

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Denso is not considering spinning off the…

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