Tier one supplier Bosch is investing in semiconductor manufacturing to help make up the shortfall in supply to the automotive industry
Bosch is now investing more than €250m ($268.6m) to expand global facilities up to 2025, which it said includes more production and clean-room facility space. That includes at Reutlingen and Dresden in Germany, and in Penang, Malaysia.
Around €50m of that overall expenditure will be invested at Reutlingen and by the end of 2025 Bosch will have expanded clean-room space in Reutlingen from around 35,000 sq.m at present to over 44,000 sq.m
The tier one parts supplier said increased production would help to meet growing demand for microchips used in mobility and IoT applications.
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