LATEST NEWS

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.

Lihi

Recent Posts

Beyond Copper: Why Integrated Photonics Is Key to Scaling AI Infrastructure

The collaboration between Tower Semiconductor and Scintil Photonics offers a clear view into the future…

18 hours ago

Engineering AI: Why Physical AI Is Becoming an Industrial Foundation

How virtual twins, accelerated computing and physics-based models are turning AI from smart software into…

18 hours ago

Cellular from Space: The RF Challenge Behind Direct-to-Device Connectivity

For decades, cellular communication has relied on one almost unquestioned assumption: the base station is…

18 hours ago

IBM Quantum Computer Accurately Simulates Real Magnetic Materials, Reproducing National Laboratory Data

IBM (NYSE: IBM) today announced new results that its quantum computer can simulate real magnetic materials…

19 hours ago

Arrow Electronics Announces New Single Pair Ethernet Reference Design Featuring Bourns, Microchip and Amphenol Technology

Arrow Electronics has announced the launch of a new evaluation platform, jointly designed in collaboration…

2 days ago

Siemens introduces AI-powered on-premises analytics for industrial drivetrain systems

Siemens has unveiled Drivetrain Analyzer Onsite, a new on-premises analytics solution for industrial drive systems,…

2 days ago