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Bosch will be investing more than EUR 400 Million in chip production in Germany and Malaysia

Published On 29 Oct 2021 09:35 AM

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Robert Bosch, the German technology group has set aside more than EUR 400 million for investing in microchip production in Germany and Malaysia. The company is carrying out this investment to ease a global chip shortage by next year.

Highlights

Shortage of semiconductor chips has disrupted vehicle production
Bosch is going to fund a chip manufacturing facility in Malaysia

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Tags : Bosch, German, Investment, Global, Shortage, Factory,

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Bosch will be investing more than EUR 400 Million in chip production in Germany and Malaysia

Published On 29 Oct 2021 09:35 AM

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