✉news TechnologySemiconductors first seen 2 d ago, last 1 d ago, peak #3
Bosch to Create Semiconductor Division Amid Chip Demand Surge
Original: Bosch to Set Up Semiconductor Division to Cash in on Soaring Demand for Chips
Bosch, the German engineering and technology group, is setting up a dedicated semiconductor division to capitalize on booming global demand for chips. The move underscores how the worldwide chip shortage has pushed automakers and industrial suppliers to expand their own semiconductor capabilities. Bosch already produces chips for its automotive business and is now formalizing that activity into a standalone unit.
Why now: The ongoing global chip shortage has made semiconductor supply a strategic priority for major industrial and automotive companies.
Evidence
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