https://www.iotworldtoday.com/wp-content/themes/ioti_child/assets/images/logo/footer-logo.png
  • Home
  • News
    • Back
    • IoT World 2020 News
  • Strategy
  • Special Reports
  • Galleries
  • Business Resources
    • Back
    • Webinars
    • White Papers
    • Industry Perspectives
    • Featured Vendors
  • Other Content
    • Back
    • IoT World 2020 News
    • Q&As
    • Case Studies
    • Features
    • How-to
    • Opinion
    • Video / Podcasts
  • More
    • Back
    • About Us
    • Contact
    • Advertise
    • Strategic Partners
  • IOT World Events
    • Back
    • Internet of Things World: San Jose
    • IoT World 2020 News
Iot World Today
  • NEWSLETTER
  • Home
  • News
    • Back
    • IoT World 2020 News
  • Strategy
  • Special Reports
  • Galleries
  • Business Resources
    • Back
    • Webinars
    • White Papers
    • Industry Perspectives
    • Featured Vendors
  • Other Content
    • Back
    • IoT World 2020 News
    • Q&As
    • Case Studies
    • Features
    • How-to
    • Opinion
    • Video / Podcasts
  • More
    • Back
    • About Us
    • Contact
    • Advertise
    • Strategic Partners
  • IOT World Events
    • Back
    • Internet of Things World: San Jose
    • IoT World 2020 News
  • newsletter
  • IIoT
  • Cities
  • Energy
  • Homes/Buildings
  • Transportation/Logistics
  • Connected Health Care
  • Retail
  • AI
  • Architecture
  • Engineering/Development
  • Security
ioti.com

Architecture


Image of Bosch worker holding a microprocessor

Bosch to Build $1.1 Billion Chip Plant for Self-Driving Cars

Auto supplier Bosch will build a $1.1 billion semiconductor plant, the biggest single investment in its history, as the maker of brakes and engines prepares for a surge in demand for components used in self-driving vehicles.
  • Written by Bloomberg News
  • 20th June 2017

Auto supplier Robert Bosch GmbH will build a 1 billion-euro ($1.1 billion) semiconductor plant, the biggest single investment in its history, as the maker of brakes and engines prepares for a surge in demand for components used in self-driving vehicles.

The factory in Dresden, Germany will start producing chips needed for autonomous vehicles, smart homes and Internet-linked city infrastructure in 2021, the world’s biggest car-parts supplier said Monday in a statement. It’ll employ as many as 700 workers once construction is complete in 2019.

“Expanding our production capacity will help us boost our competitive position,” Chief Executive Officer Volkmar Denner said in the statement, noting that the use of semiconductors is growing as “connectivity and automation rise.”

Bosch, known as a maker of traditional car parts such as braking systems and combustion engines, is also a long-time software developer and is increasingly investing in newer technologies as the nature of driving changes. The Stuttgart, Germany-based company been making chips for a range of products like smartphones for more than four decades. Last year, every car sold globally contained an average of nine chips made by Bosch, the company said.

While Bosch is focusing on technology and projects promising improved connectivity and cleaner city centers, the 130 year-old company has come under pressure about its alleged role in helping carmakers evade diesel emissions rules that have rocked the auto industry. Last month, Bosch was linked to emissions-cheating allegations against a fourth automaker, when it was named as co-defendant together with General Motors Co. in a lawsuit where owners of diesel-powered pickups accused the automaker of using illegal software.

The chips made in Dresden will be added to diverse Bosch products including airbag sensors, autonomous steering, pressure gauges and communication technologies, a spokesman said.

Tags: Article Supply Chain, Transportation & Logistics Architecture Technologies Vertical Industries

Related


  • Jetting to the Stars Using Containers for Development
    The Department of Defense develops for space travel, bombers and jets. It turned to containers for development to build and battle-test its mission-critical systems.
  • AT CES 2021, Verizon Touts 5G Connectivity as Enabler in Pandemic Times
    Verizon touts 5G as a present-day reality for improved network speed and performance, but most enterprises are still waiting for 5G benefits.
  • Private LTE Market Projected to Grow to $13 Billion
    The private LTE market may reach $13 billion by 2026, according to Global Market Insights, driven the need for greater network performance and productivity.
  • Smart Transportation Projects Foundational for Sustainable Cities
    Cities struggle with congestion, public safety and climate change. Smart transportation projects can ameliorate these challenges.

Leave a comment Cancel reply

-or-

Log in with your IoT World Today account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Content

  • Smart Grid Security Will Get Boost from AI and 5G
  • MindSphere Predictive Maintenance
  • Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter
  • Will 5G Buildout Slow or Accelerate in the COVID-19 Era?

News

View all

Private LTE Market Projected to Grow to $13 Billion

12th January 2021

IoT World Announces 2021 IoT World Advisory Board

9th December 2020

White Papers

View all

Zero Trust Manufacturing: Navigating Complex Supply Chains to Build Trusted IoT Devices

27th January 2021

IoTConnect and How to Get Started

27th January 2021

Special Reports

View all

Cybersecurity Protection Increasingly Depends on Machine Learning

28th October 2020

Webinars

View all

Weber’s Journey: How a Top Grill Maker Serves Up Connected Cooking

25th February 2021

From Insights to Action: Best Practices for Implementing Connected Device Security

15th December 2020

Galleries

View all

Top IoT Trends to Watch in 2020

26th January 2020

Five of the Most Promising Digital Health Technologies

14th January 2020

Industry Perspectives

View all

IoT Spending Holds Firm — Tempered by Dose of ‘IoT Pragmatism’

1st December 2020

The Great IoT Connectivity Lockdown

11th May 2020

Events

View all

IoT at the Edge

17th March 2021

Embedded IoT World 2021

28th April 2021 - 29th April 2021

IoT World 2021

2nd November 2021 - 4th November 2021

Twitter

IoTWorldToday, IoTWorldSeries

Zero Trust Manufacturing: Navigating Complex Supply Chains to Build Trusted IoT Devices dlvr.it/RrTDP4 https://t.co/fuH0GrHJrX

27th January 2021
IoTWorldToday, IoTWorldSeries

PKI: The Solution for Designing Secure IoT Devices dlvr.it/RrTDNF https://t.co/KBWcsksAQi

27th January 2021
IoTWorldToday, IoTWorldSeries

Five Guiding Tenets for IoT Security dlvr.it/RrTDGS https://t.co/Ss17Vn4sFw

27th January 2021
IoTWorldToday, IoTWorldSeries

📢 Announcing #EIOTWORLD Silver Sponsor @ONETech_AI! 💡 Learn more about sponsoring Embedded IoT World here:… twitter.com/i/web/status/1…

27th January 2021
IoTWorldToday, IoTWorldSeries

IoTConnect and How to Get Started dlvr.it/RrT1gl https://t.co/6Vci1hvOV2

27th January 2021
IoTWorldToday, IoTWorldSeries

RT @IoTWorldToday: #IoTsecuritytrends in 2021 will feature new threats given #remotework, #digitalhealth and #edgecomputing. https://t.co/S…

27th January 2021
IoTWorldToday, IoTWorldSeries

#IoTsecuritytrends in 2021 will feature new threats given #remotework, #digitalhealth and #edgecomputing.… twitter.com/i/web/status/1…

25th January 2021
IoTWorldToday, IoTWorldSeries

Protecting Your Network Against Ripple20 Vulnerabilities dlvr.it/RrJhpD https://t.co/Q2xe5hoy4U

25th January 2021

Newsletter

Sign up for IoT World Today newsletters: vertical industry coverage on Tuesdays and horizontal tech coverage on Thursdays.

Special Reports

Our Special Reports take an in-depth look at key topics within the IoT space. Download our latest reports.

Business Resources

Find the latest white papers and other resources from selected vendors.

Media Kit and Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • IoT World Series
  • Channel Futures
  • RISC-V
  • Dark Reading
  • ITPro Today
  • Web Hosting Talk

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Login/Register

FOLLOW IoT World Today ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookies Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X