Science and Tech

Bosch to invest more than $300 million to counter semiconductor shortage

Bosch to invest more than $300 million to counter semiconductor shortage

“Microelectronics is the future and is vital to the success of all Bosch business areas. With it, we have the master key for tomorrow’s mobility,” Bosch Chairman of the Board Stefan Hartung said at an event. that the company held in Dresden, in eastern Germany.

In addition, the company plans to finance the construction of two new development centers in Germany, located in Reutlingen and Dresden, at a cost of more than 170 million euros.

Among the plans announced by Hartung is the creation of 3,000 square meters of infrastructure for the production of wafers, a crucial element for the semiconductor industry, this will be a separate investment that the company will allocate and that amounts to 250 million euros.

In the semiconductor center in Reutlingen Bosch will increase its production capacity and convert the existing space in the factory into new clean room space.



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