The European Commission announced on Tuesday it approved the aid package worth €6 billion to help the German government construct the newly created European Semiconductor Manufacturing Company's (ESMC) building plant in Dresden.ESMC was founded as a joint effort between Taiwan...
Robert Bosch GmbH will reportedly slash around 1,200 positions in its Cross-Domain Computing Solutions division by the end of 2026, with the majority of employees facing job cuts in Germany, the company confirmed to Handelsblatt on Thursday.
Namely, the decision to reduce the workforce in the...
The Taiwan Semiconductor Manufacturing Corp. (TSMC) approved investment in the construction of a semiconductor plant in Germany on Tuesday, which will create 2,000 jobs. The construction is set to begin in the second half of 2024, while production is planned to start by the end of 2027.
"This...
The Taiwan Semiconductor Manufacturing Corp. (TSMC) board will authorize the construction of a semiconductor factory in Germany on Tuesday, Handelsblatt reported on Monday. The board is expected to vote on Tuesday and approve Dresden as the location for the future plant, sources...
Robert Bosch GmbH announced on Wednesday it will invest more than $200 million in the production of fuel cell stacks for electric trucks at its plant in Anderson, South Carolina.
According to the company's written statement, production is expected to start in 2026 and create at least 350 new jobs....
Germany's Bosch announced on Wednesday that it is set to invest a further €3 billion in the chip business by 2026.
It will invest in its semiconductor division as a part of the Important Projects of Common European Interest (IPCEI), as the company recognizes the importance of microelectronics and...
Germany's Federal Cartel Office said on Monday it has allowed Volkswagen and Bosch to start developing driving automation technology, adding it will continue monitoring their collaboration.
Commenting on the agreement, the office's chief Andreas Mundt noted that "It is the task of the cartel office...
Volkswagen Group subsidiary CARIAD and Bosch announced on Tuesday an "extensive partnership" on automated driving software, confirming an earlier media report.
"For partially and highly automated driving, the two companies will jointly develop a state-of-the-art, standardized software...
Volkswagen's software unit Cariad and Bosch are close to reaching an agreement on automobile software collaboration, Handelsblatt reported on Saturday citing company sources.
According to the report, Volkswagen would invest over a hundred million euros as part of the deal.
Earlier this...
Robert Bosch GmbH announced on Friday it is set to open a Dresden-based semiconductor factory in June, aiming to produce chips for the automotive industry.
The company plans to invest a total of €1 billion in the new facility and the "funding for the new building is being provided by the federal...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
