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Koito Manufacturing
Koito to reorganize production system in China, improving operating rate of Guangzhou and Hubei plants
Koito Manufacturing Co., Ltd. (Koito) announced that it will restructure its production system in China. The company’s Chinese operation has been conducted through three companies: Guangzhou Koito Automotive Lamp Co., Ltd. (Guangzhou Koito), Hubei Koito Automotive Lamp Co., Ltd. (Hubei Koito), and Fuzhou Koito Automo
Koito Manufacturing to dissolve and liquidate Fuzhou Koito in China
Koito Manufacturing Co. Ltd. (Koito Manufacturing) announced that it will liquidate its Chinese consolidated subsidiary, Fuzhou Koito Automotive Lamp Co., Ltd. (Fuzhou Koito). Established in December 1995 as a wholly owned subsidiary of Koito Manufacturing, Fuzhou Koito has been responsible for the manufacture and sa
Koito Manufacturing to strengthen production capacity in Mexico and Brazil
Koito Manufacturing Co., Ltd. (Koito Manufacturing) announced that it will expand its production capacity in Mexico and Brazil. It will establish a new plant in Mexico and expand its existing plant in Brazil. Additionally, the company will also improve productivity by promoting automation and mutual complementarity b
Koito Manufacturing concludes merger agreement with Cepton for making it subsidiary
Koito Manufacturing Co., Ltd. (Koito Manufacturing) announced that it has concluded a merger agreement with Cepton Inc. (Cepton), a US company which conducts manufacturing and sales of LiDAR. The two companies have been negotiating the acquisition of Cepton’s shares by Koito Manufacturing, and have reached an agreeme
Koito Manufacturing begins negotiations for making US-based Cepton its subsidiary
・Kotio Manufacturing Co., Ltd. (Koito Manufacturing) announced that it will begin negotiations with Cepton, Inc. (Cepton) for making the startup its subsidiary. Both companies have been jointly developing automotive-grade LiDAR since 2018, and completed mid-range LiDAR’s development and preparations for production. T
Koito Manufacturing to establish new plant in Miyagi, Japan
Koito Manufacturing Co., Ltd. (Koito Manufacturing) announced that it will establish a new plant in Natori, Miyagi prefecture, Japan. The company has been producing automotive lighting products in three plants in Shizuoka prefecture (Shizuoka, Haibara, Sagara) and Koito Kyushu (Saga prefecture). By establishing the n
CES 2023: Cepton and Koito Manufacturing to unveil new lidar, integration solutions
Cepton, Inc. (Cepton), a Silicon Valley innovator of lidar solutions, announced details around its plans for CES 2023 in Las Vegas, Nevada, from January 5-8, 2023. Cepton’s booth will feature a Chevrolet Silverado and a Ford F-150 equipped with the company’s latest vehicle integration solutions. Both of Cepton’s near
Koito Manufacturing decides to acquire additional shares of Cepton
Koito Manufacturing Co., Ltd. (Koito Manufacturing) announced that it has made a decision to acquire additional shares of Cepton Inc. (Cepton), a U.S. company that manufactures and sells advanced driver assistance systems (ADAS) and LiDAR. Both parties have agreed that Koito Manufacturing will subscribe to non-voting
Cepton to receive investment of up to USD 100 million from Koito Manufacturing
Cepton Inc. (Cepton), a developer of LiDAR solutions, announced that it has received a non-binding Letter of Intent for an investment of up to USD 100 million from Koito Manufacturing Co., Ltd. (Koito Manufacturing). Cepton will use the investment to help scale its lidar solutions for mass deployment. Cepton and Koit
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