Bosch invests $1.5B in US chip production with TSI Semiconductors acquisition.
TL;DR
Bosch is set to acquire the assets of US chipmaker TSI Semiconductors to expand its semiconductor business with silicon carbide chips. The German engineering and technology giant will invest $1.5bn over the next few years to upgrade TSI Semiconductors’ manufacturing facilities in Roseville, California. The first chips will be produced on 200-millimeter wafers based on silicon carbide starting in 2026. SiCs have been a hot commodity among automakers, as they offer greater range and more efficient recharging for EVs. Bosch expects an average of 25 of its chips will be integrated in every new vehicle by 2025.
Topics:business#bosch#business#electric-vehicles#semiconductor-shortage#silicon-carbide-chips#tsi-semiconductors
- Bosch to acquire TSI Semiconductors to boost US chip production TechCrunch
- Bosch buys US semiconductor foundry to expand EV chip output Reuters
- German conglomerate Bosch to buy Roseville tech company, plans $1.5B investment at site Sacramento Bee
- ‘Historic’ $1B semiconductor investment coming to Roseville. What that means for the greater Sacramento area KCRA Sacramento
- Bosch to acquire US chipmaker TSI Semiconductors, invest $1.5 billion in plant Detroit Free Press
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