TOKYO -- Japanese auto parts suppliers are ramping up their research and development spending as they aim to secure viable futures for themselves in a rapidly changing industry.
Aisin and Denso rush to develop future tech to stay competitive with their cash-rich foreign rivals
R&D spending by Japanese auto parts makers is not as big as the amounts invested by major global suppliers. (Photo by Kohei Yamada)
TOKYO -- Japanese auto parts suppliers are ramping up their research and development spending as they aim to secure viable futures for themselves in a rapidly changing industry.