A lack of chips for automakers has disrupted vehicle
production around the world, with suppliers relying almost exclusively on chips
from only a few manufacturers in Asia and the United States.
The largest part of Bosch's budget will be spent on a faster
expansion of its Dresden, Germany factory for 300-millimeter wafers, which the
group inaugurated in June, it said in a statement on Friday.
About EUR 50 million will be invested at a site in
Reutlingen near Stuttgart making 200-millimeter wafers, said the company, which
also makes car parts and factory automation systems.
Another project to be funded will be the construction of a
semiconductor testing facility in Penang, Malaysia, it added, without
specifying the level of investment.
Intel, the biggest maker of processor chips for PCs and data
centres, said last month it could invest up to EUR 80 billion in Europe over
the next decade. © Reuters
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