One of these projects that seem to make financial sense.
Unlike the, demand $50bn to make a cutting edge 5nm fab cos we have a shortage of 555s to make ventilators
Bosch is set to invest €3 billion in its semiconductor business by 2026 as part of a broader push to boost the European chip manufacturing industry. bosch sign in stuttgart The Bosch parking lot over the A8 outside Stuttgart, Germany At its Bosch Tech Day 2022, the German engineering and technology company said it plans to …
Agreed. What many people don't understand is that these plans are not expected to produce a European GPU or mobile CPU manufacturer. They are expected to support the existing and future European manufacturing giants in anything from planes, trains, cars and helicopters to medical equipment, rockets, power tools and kitchen appliances.
Many of those sectors have been hard hit by recent supply chain issues and to prevent being that dependent on Asian manufacturing plants ever again they prefer production within, let's say, a 1000 KM radius. When it comes to supply chain risks, even a Chinese company manufacturing in Italy is better than an Italian company manufacturing in Asia.
Most of those industries are perfectly happy with anything under 100nm and prioritise reliability over cutting edge.
<quote>Bosch is set to invest €3 billion in its semiconductor business by 2026 as part of a broader push to boost the European chip manufacturing industry.
According to Bosch, the €3 billion (just over $3 billion or about £2.5 billion) funding is coming from the EU and German federal governments
Looks to me Bosch is investing nothing the EU and German federal governments are doing all the investing.
"Looks to me Bosch is investing nothing the EU and German federal governments are doing all the investing."
Came here to say the same thing! Nowhere in the article is a number mentioned of how much, if any, of Boschs own cash is going into this expansion, even though the article leads with "Bosch invests..."
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