Four Japan firms fined in South Korea for auto parts bid-rigging

Business Aug 5, 2019

Four Japan firms fined in South Korea for auto parts bid-rigging

South Korea's fair trade commission has ordered four Japanese companies to pay fines totaling 9.2 billion won (¥803 million) for rigging bids on auto parts supplied to South Korean automakers. According to media reports Sunday, the four are Mitsubishi Electric Corp., Hitachi Automotive Systems Ltd., ...

Business / Corporate Feb 22, 2016

Denso, NTT Docomo to cooperate on self-driving technology

Auto parts maker Denso Corp. and mobile phone carrier NTT Docomo Inc. will work together in developing a vehicle control system for automated driving and advanced driver assistance. They said Monday that the LTE and next-generation 5G mobile standards will be used to develop a ...