One-time chip supply shock over, says Bosch CEO, but structural deficit remains

Bosch has earmarked more than 400 million euros ($462.56 million) for investment in microchip production in Germany and Malaysia next year, with the largest portion of its budget being spent on the rapid expansion of its Dresden, Germany factory. .


Bosch itself relies on suppliers to make some of its chips and sensors part

Expansion see photos

Bosch itself relies on suppliers to make some of its chips and sensors part

The CEO of German technology conglomerate Robert Bosch GmbH said on Wednesday that although once the supply shocks have passed in the semiconductor market, it still lacks capacity to meet global demand. Speaking at a car industry conference organized by Autos publication Automobilwoche in Ludwigsburg, Volkmar Denner said, “There were once problems that have now been dealt with.” “What is happening now is a structural deficit: there is much more demand than there is capacity to produce.”

Bosch has earmarked more than 400 million euros ($462.56 million) for investment in microchip production in Germany and Malaysia next year, with the largest portion of its budget going for 300-millimeter wafers for the rapid expansion of its Dresden, Germany factory. Expenses have been spent on the expansion, which was done at the inauguration. June.

7d340sv

Bosch has earmarked more than 400 million euros ($462.56 million) for investments in microchip production in Germany and Malaysia next year.

But Bosch itself relies on suppliers to make some of its chips and part of the sensors, Denner said, and thus was also feeling the pain of constraints that have crippled the supply of semiconductor-dependent products — including cars and cars. Includes a range of electronics – worldwide in recent months.

“In things we make ourselves, we can take the pressure out of the pipeline. But Bosch sensors have a lot of parts that we buy from others,” Denner said.

0 notes

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

for the latest auto news And ReviewFollow carandbike.com Twitter, Facebookand subscribe to our youtube Channel.

,