# Robert Bosch to invest €1 billion in semiconductor plant in Dresden, Germany

Robert Bosch is investing 1 billion euros in a semiconductor plant in Dresden, Germany. The factory is set to start production in 2021 and will employ 700 people.

- Type: New facility
- Announced: 2017-06-15
- Where: Dresden, Germany, Germany
- Value: $1.12B (1.00B EUR)
- Jobs: 700
- Starts operating: 2021
- Status: announced
- Products: semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Robert Bosch](https://endata.com/companies/3006.md)

## Sources

- [reuters.com](https://www.reuters.com/article/bosch-factory/robert-bosch-to-invest-1-bln-euros-in-dresden-semiconductor-plant-idUSL8N1JC2GE/), 2017-06-15: "The factory will be built in the eastern German city of Dresden, with most of the investment coming from Bosch and the rest from government and European Union subsidies."
- [investors.com](https://www.investors.com/news/technology/bosch-makes-biggest-investment-ever-in-self-driving-factory/), 2017-06-19: "German auto supplier Robert Bosch says it will build a $1.1 billion semiconductor plant, the biggest single investment in the company's history."
- [industryweek.com](https://www.industryweek.com/leadership/growth-strategies/article/22020078/bosch-to-build-11-billion-chip-plant-for-self-driving-cars), 2017-06-19: "The factory in Dresden, Germany, will start producing chips needed for autonomous vehicles, smart homes and Internet-linked city infrastructure in 2021, the world's biggest car-parts supplier said Monday in a statement."
- [themanufacturer.com](https://www.themanufacturer.com/articles/bosch-invests-e1bn-iot-technology/), 2017-06-20: "By extending our semiconductor manufacturing capacity, we are giving ourselves a sound basis for the future and strengthening our competitiveness."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.