Bosch readies itself for rising demand for specialty semiconductors
The innovations Bosch is debuting at electronica 2022
Munich, Germany – Growth in the global market for semiconductors shows no signs of stopping – and Bosch is growing right along with it. For automotive semiconductors alone, IHS Markit expects average annual growth of 12 percent through 2028. In 2021, this slice of the market was worth some 49 billion dollars. The key drivers of this development are semiconductors for electrified and automated driving. Bosch is also systematically readying itself for further growth: in July 2022, the company announced it would be making billions of euros of new investments in its own semiconductor business. At locations such as Dresden and Reutlingen, this money will enable Bosch to establish new engineering centers in the coming years. The company is also steadily expanding its manufacturing operations so that it can meet the further increase in customer demand.
For more details, see the complete press release.