· Bosch invests 1 billion euros in the German driverless car chip factory

According to US media on June 20th, auto parts supplier Robert Bosch Co., Ltd. will build a 1 billion euro (about 7.6 billion yuan) semiconductor factory, which is the largest single investment in its history to meet the future. There may be a large demand for auto-driving car parts.
Bosch said in a statement on June 19 that the plant in Dresden, Germany, will be completed in 2019, when it will employ 700 people and start producing autonomous vehicles, smart homes and Internet-related cities in 2021. The chips needed for the infrastructure. A spokesperson said that the chips made at the new factory will be used in different Bosch products, including airbag sensors, autonomous driving, pressure gauges and communication technology.
Bosch is not only a manufacturer of traditional automotive components such as brake systems and internal combustion engines, but also develops various software to meet long-term needs. Due to the shift in the nature of driving, the scale of investment in new technologies is also growing. According to Bosch, every vehicle sold globally last year had an average of nine Bosch-made chips.

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