Bosch to Make investments Extra Than EUR 400 Million in Chip Manufacturing in Germany, Malaysia Subsequent 12 months

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German expertise group Robert Bosch has earmarked greater than EUR 400 million (roughly Rs. 3,490 crore) for investments in microchip manufacturing in Germany and Malaysia subsequent 12 months to ease a worldwide scarcity.

A scarcity of chips for automakers has disrupted car manufacturing world wide, with suppliers relying virtually completely on chips from only some producers in Asia and the USA.

The most important a part of Bosch’s finances will likely be spent on a quicker enlargement of its Dresden, Germany manufacturing facility for 300-millimeter wafers, which the group inaugurated in June, it stated in a press release on Friday.

About EUR 50 million (roughly Rs. 436 crore) will likely be invested at a website in Reutlingen close to Stuttgart making 200-millimeter wafers, stated the corporate, which additionally makes automobile elements and manufacturing facility automation techniques.

One other undertaking to be funded would be the development of a semiconductor testing facility in Penang, Malaysia, it added, with out specifying the extent of funding.

Intel, the most important maker of processor chips for PCs and information centres, stated final month it might make investments as much as EUR 80 billion (roughly Rs. 698 crore) in Europe over the subsequent decade.

© Thomson Reuters 2021


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