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 PhotoTOKYO, 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. 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. Register now for FREE unlimited access to Reuters.com RegisterDenso is not considering spinning off the semiconductor business at this moment, a company spokesperson said. read moreA global chip shortage has plagued companies from smartphone makers to consumer electronics firms and car makers following a surge in demand after the COVID-19 pandemic eased in many places.

Source: The North Africa Journal June 11, 2022 00:03 UTC