Bosch to build $1.1B wafer fab in Dresden, Germany

Bosch is investing $1.1 billion to construct a second wafer fabricating plant in Dresden, Germany, which will double its chip output starting in 2021.

“The $1.1 billion spend to construct its second wafer fabricating plant will enable a doubling of output of Bosch chips starting in 2021.”europe.autonews.com

• 2 sources
• europe.autonews.comBosch invests $1.1 billion to double chip productionJan 18, 2019
• autonews.comBosch invests $1.1 billion to double chip productionDPJan 18, 2019

Summarized from public sources; check the original articles before acting on it.