Bosch opens a chip factory for 1 billion euros and starts next month

Original title: Bosch opens a chip factory with 1 billion euros and starts construction next month

IT Home News on June 8th, CCTV Finance and other reports, on June 7th local time, the world’s largest auto parts supplier German Bosch Group announced that a chip factory opened in Germany at a cost of 1 billion euros will be officially completed in Germany. Started production of chips in a month.

This factory is located in a semiconductor industry center in the eastern German city of Dresden, covering an area of ​​100,000 square meters. The chips manufactured by the factory will be used in the latest electric vehicles and self-driving cars.

Due to the full resumption of production by German auto companies and the tight supply of chips, many automakers were forced to announce production cuts at the beginning of the year. According to an investment plan of the European Union, this plant received 200 million euros of government assistance.

IT Home learned that Bosch's Dresden plant broke ground in June 2018 and will employ about 700 people, focusing on the manufacturing of 300mm wafers, one of which can hold 31,000 individual chips. Bosch said its Dresden plant will provide products to customers around the world. The company predicts that global semiconductor demand will grow by 11% this year, and the market size will exceed 400 billion euros.