German industrial group Bosch has announced plans to invest 3 billion euros in its semiconductor division by 2026. “Microelectronics is the future and is vital for the success of all areas of Bosch’s business “Explains in a press release Stefan Hartung, chairman of the board of directors of Bosch. This investment will be used in part to finance the construction of two new development centers – in Reutlingen and Dresden – at a combined cost of more than 170 million euros. A further 250 million euros will be spent on creating 3,000 square meters of clean room space at the Dresden plant of the leading multinational automotive supplier.
Bosch’s massive investment in semiconductors is part of the funding program under the European Commission’s Chips Act package, which mobilizes more than 43 billion euros in funding. public and private investments. The objective is to increase Europe’s production capacity to 20% of global capacity by 2030, in the field of micro-conductors, in particular to reduce its dependence on China and the United States.
New factory near Grenoble
As part of the Chips Act, the French State is supporting the creation of a new semiconductor production unit near Grenoble. The structure will be operated by STMicroelectronics (whose global headquarters are in Geneva) and GlobalFoundries. The result of an investment of several billion euros, the plant is expected to reach full capacity by 2026, said the press release from STMicroelectronics.
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