Bosch To Buy Chipmaker TSI, Invest $1.5 Billion in US Plant (bloomberg.com) 8
Robert Bosch is acquiring US chipmaker TSI Semiconductors and plans to invest more than $1.5 billion in its California foundry, expanding the German company's global bet on chips. From a report: The world's biggest auto-parts supplier plans to retool and modernize TSI's Roseville site with a target to start producing silicon carbide chips there from 2026, Bosch said Wednesday. The company expects 30% annual demand growth for this type of chip, commonly used in power management that's beneficial to electric cars. "We step into a market which is developing very fast," Chief Executive Officer Stefan Hartung said in an interview with Bloomberg Television. "The new platforms of electric vehicles -- it doesn't matter where they are produced in the world -- are mostly betting on silicon carbide technology." Financial terms for the deal weren't disclosed beyond the planned investment at the foundry, which is also subject to regulatory approval. Bosch said the full scope of future spending will "heavily depend" on federal funding opportunities.
Hey, I Live in Roseville (Score:2)
Not ... (Score:2)
Re: (Score:2)
Bosch (Score:1)
The same one that makes excellent power tools?
Re: (Score:1)
They make "okay" power tools, but lots of vehicle sensors. Lots and lots of vehicle sensors... and EV drivetrain electronics and motor drives.. and lots and lots of other things.
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No, the same one that makes mediocre power tools.
Just like everything else.
Bosch used to be a watchword for quality, but that was only true into the nineties, and it was varyingly so even by then.
Explanation from the summary. (Score:2)
Bosch said the full scope of future spending will "heavily depend" on federal funding opportunities.
Hmm, mm. Yup. Federal funding opportunities. Gee, I hope we can shovel more taxpayer money into these behemoth companies so that they can cancel the projects and give their executive some much needed bonuses. Yup, yup. Business as usual. Carry on, boys and girls! Nothing to see here.
Silicon Carbon MOSFETS (Score:2)