Robert Bosch GmbH, a known automaker, is building a $1.1 billion wafer fab in Dresden, Germany. This way the manufacturing giant is getting ready for the increased demand in the mentioned high-tech parts utilized in autonomous driving technology. As a matter of fact, it’s the largest one-time investment in its history for the time being.
It’s planned that in 2021, the plant is to start manufacturing chips based on 12-inch wafers to be used in autonomous cars, Internet-linked city infrastructure, mobile devices, and smart homes, this way promoting the concept of “Internet of things”. At least 700 workers will be employed in Dresden after the construction is finished in 2019. The mobility and Internet of things economic segments are growing drastically, that is why the global semiconductor market will experience a 5% annual growth all the following years from now.
A manufacturing giant Bosch, based in Stuttgart, Germany, is well known for producing common automobile parts like combustion engines and braking systems. But Bosch has also been engaged in software development for quite a long time and is currently investing a lot of money in cutting edge technologies needed for new driving concepts like autonomous vehicles. This car giant has been manufacturing semiconductors for different applications for longer than 40 years. Bosch claims that every single automobile, purchased worldwide last year, had, on average, nine semiconductors produced by the company’s facilities.
Volkmar Denner, Bosch’s CEO, noted that the current company’s production expansion will help improve its competitive position in current circumstances when high-tech automation processes and connectivity technologies engulf more and more aspects of human activity and that’s why the utilization of semiconductor technology is growing.
Bosch also reveals its intentions to collaborate with local German companies, reinforcing Europe’s industrial position. Stanislaw Tillich, the Minister-President of Saxony, thanked the manufacturing giant for putting its trust in this German location, noting that the advanced products like microelectronics are crucial for this sector of the economy and for European industry as a whole.
However, the days have become not so cloudless for Bosch which is 130 years old. While it is trying to promote cutting-edge projects and technology aimed at connectivity equipment and city environment improvement, it is accused of alleged help to different automakers circumvent harmful emissions regulations.
Bosch varied range of products, present on the market, such as airbag sensors, autonomous steering, pressure gauges, and communication technologies will be complemented by the semiconductors, manufactured at Dresden factory.