Ad
Ad
Ad
Ad
Ad
Ad
© bosch Components | June 15, 2017

Bosch plans €1 billion investment in German chip production

The German company is reportedly planning to make a record investment into a semiconductor plant in Dresden, Germany.
According to Handelsblatt Global, the factory is expected to manufacture chips for sensor technology used in autonomous cars – and the with the new plant the company would create up to 700 new jobs. Worth mentioning is that earlier in April, Bosch announced that the company was working together with Daimler on fully automated, driverless system. The two companies are planning on setting up a development alliance that aims to make a system for fully automated and driverless vehicles a reality on city streets by the start of the next decade.

According to media reports the plant will produce MEMS on a large scale. The company is said to receive backing from state funds in regards to the investment, however, Bosch has declined to comment on the media reports when asked by Handelsblatt.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
December 13 2017 10:15 PM V8.9.2-2