Bosch plans to invest 1 billion euros to build a factory in Germany: to lead the autopilot chip market?

Electronic enthusiasts eight o'clock: New wisdom driving news, a few days ago, according to Reuters, the world's top component supplier Bosch is building a semiconductor factory in Dresden, eastern Germany, with a total investment of 1 billion euros (about 1.1 billion US dollars). It is reported that this move highlights Bosch's dual layout of autonomous vehicles and industrial IoT.

According to Lei Feng Network's new wisdom, the plant will be located in Dresden in eastern Germany. Some of the investment comes from Bosch's self-funded, and part of it comes from government and EU subsidies. The factory will start production in 2021 and will employ 700 people.

It is said that Bosch has not officially voiced the news of the establishment of the factory. However, many autopilot giants have shown that chipping will become one of the future trends and core competitiveness of the autopilot industry. The manufacturing capacity of the semiconductor factory is in its own hands, which is a reflection of Bosch.

Of course, Bosch has a long history of autonomous driving. In April this year, Bosch also announced that it will cooperate with Mercedes-Benz to develop autonomous vehicles.

Previously, Bosch already owned a chip factory in Reutlingen in southern Germany, and the plant is very productive in terms of sensors, but with the development of autonomous vehicles and the evolution of more intelligent industries, this The demand for chip capacity by home component suppliers is constantly growing.

It was also revealed that Dresden was chosen as the location of the factory because it was able to hire many employees with skilled business skills. Not only has it promoted economic growth, but it has also solved employment problems. The construction of the factory has been welcomed by local businesses and governments. This also explains why this Bosch move was actively subsidized by the German government. Last year Germany announced that the German government would focus on supporting local semiconductor manufacturers in the face of strong competitors from China and the United States with large government subsidies.

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