Bosch invests 1 billion in a new semiconductor factory in GermanyAutomotive News
Bosch invests 1 billion in a new semiconductor factory in Germany
Bosch is building a new semiconductor factory in Dresden (Germany) in which it will invest 1,000 million euros and which will work up to 700 people.
The goal is to respond to the high demand generated by the growing number of devices with Internet technology of things (IoT) and mobility applications, the company said in a statement.
The new plant will be dedicated to making chips based on 12-inch wafers.
The process of producing semiconductor chips always begins with a silicon disk, known as a wafer, the source recalls.
The larger the diameter, the more chips can be made per machine cycle. Compared to conventional 6- and 8-inch wafer factories, 12-inch wafer technology offers economies of scale.
Construction of the factory is expected to be completed by the end of 2019, so the first manufacturing operations will probably begin in late 2021, Bosch says.
“The new wafer factory is the largest single investment in Bosch’s more than 130-year history,” according to Robert Bosch Chairman of the Board, Volkmar Denner.
“Semiconductors are the building blocks of all electronic systems, and with the growth of connectivity and automation, they are increasingly being used in a greater number of application areas.” By expanding our semiconductor manufacturing capacity, we are laying a solid foundation For the future that will strengthen our competitiveness, “according to Denner.
According to a study by PricewaterhouseCoopers quoted by Bosch in its note, the global semiconductor market will grow more than 5% annually through 2019, especially in the mobility and IoT market segments.
EFE – Madrid EL DIARIO – 06/20/2017 (Translation soft)