European Technology Group Bosch to Invest 3 Billion Euros in Chip Production

Technology group Bosch will invest 3 billion euros ($3.01 billion) in chip production by 2026, including in opening two new development centres and expanding its wafer factory in Dresden

A total of 170 million euros will go into the new development centres in Reutlingen and Dresden, with 250 million euros to be spent on expanding the existing Dresden site.

[Via]

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