March 28, 2024

Web and Technology News

To combat chip shortage, Bosch to invest $296M to produce semiconductors

Bosch is increasing its previously stated investment in semiconductor production in order to stay on top of the ongoing chip shortage. The company is adding an additional $296 million, on top of the $473 million Bosch already pledged to spend in 2022 last year, to new manufacturing facilities. Most of last year’s capital was earmarked […]