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Bosch opens $1.2 billion chip plant in Germany



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Germany technology and parts supplier Robert Bosch opened a €1 billion ($1.2 billion) chip factory in Dresden, Germany on Monday, the single largest investment in the company’s history. The plant, which will mainly supply automotive customers, is a major signal that connected and electric vehicles are here to stay.
“Regardless of which powertrain we talk about … always we need a semiconductor and sensor,” Bosch’s executive vice president of automotive electronics Jens Fabrowsky told TechCrunch.
The plant will handle front-of-the-line processing, or wafer fabrication, in the semiconductor manufacturing process. The 300-millimeter wafers will be sent to partners, typically in Asia, to …

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