Bosch To Invest Additional 250 Million Euros In Chip Production Capacity
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Bosch is investing an additional 250 million euros ($282.50 million) in extending chip production facilities at its Reutlingen plant in Germany, the company said on Tuesday.
The Reutlingen site had previously been earmarked for 50 million euros of a total of 400 million that the supplier set aside last year for spending on chip production in 2022 across Reutlingen, Dresden and a testing facility in Penang, Malaysia.
The largest part of that budget was allocated to expanding its 1-billion-euro Dresden factory producing 300-millimeter wafers, which the group inaugurated in June.
The extra capacity at Reutlingen will come into force in 2025, Bosch said in a statement.
Questions & Answers
Q.What is the total investment Bosch is making in chip production at its Reutlingen plant?
What is the total investment Bosch is making in chip production at its Reutlingen plant?
Bosch is investing an additional 250 million euros at Reutlingen. This is on top of the 50 million euros previously earmarked for the site from last year's budget.
Q.When is the additional production capacity at the Reutlingen plant expected to become operational?
When is the additional production capacity at the Reutlingen plant expected to become operational?
The extra chip production capacity at the Reutlingen facility is scheduled to come into force in 2025, according to Bosch's statement.
Q.Where else is Bosch investing in chip production facilities besides Reutlingen?
Where else is Bosch investing in chip production facilities besides Reutlingen?
Bosch's budget for chip production in 2022 also includes spending on its Dresden factory and a testing facility located in Penang, Malaysia.
Q.Which of Bosch's chip production sites received the largest share of the 2022 budget?
Which of Bosch's chip production sites received the largest share of the 2022 budget?
The largest portion of the 400 million euro budget set aside last year was allocated to expanding the 1-billion-euro Dresden factory.