Tier one auto industry supplier Bosch is investing heavily in where the market is headed, with a newly-announced $1.1 billion facility that will produce semiconductors used in self-driving cars, smart homes and smart-city infrastructure. Bloomberg reports that this is the biggest single investment in the component giant’s history. The new Dresden-based chip plant is set to start producing silicon commercially in 2021. The greatly expanded chip manufacturing capacity that this will afford Bosch is seen
Bosch building $1.1B self-driving chip plant, its biggest investment ever
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