The EU and German government will part-fund expansion of semiconductor manufacturing which the bloc has identified as an area of strategic importance.
The company will build two new development centres in Reutlingen and Dresden costing more than €170m ($172m) combined plus €250m to add 3,000 sq.m of contaminant-free clean room space at its wafer production site in Dresden which opened in June 2021. That facility cost €1 billion, the largest single investment in Bosch’s history.
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