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Bosch to spin off semiconductor division in January 2028

Bosch to spin off semiconductor division in January 2028
Channel News Asia Tuesday 03 November 2026, 11:07 UTC 1 min read
Key Points

Bosch to spin off semiconductor division in January 2028 Nov 3 : Bosch, the world's top automotive supplier, will spin off its semiconductor division in January 2028, it said on Tuesday. The German firm said it aims to increase sales of the small components used in cars and e-bikes to 5 billion euros ($5.59 billion) by 2030 • Currently, the semiconductor activities are part of the Mobility Electronics division • The firm will increasingly open its manufacturing capacities to external...

Bosch to spin off semiconductor division in January 2028 Nov 3 : Bosch, the world's top automotive supplier, will spin off its semiconductor division in January 2028, it said on Tuesday. • The German firm said it aims to increase sales of the small components used in cars and e-bikes to 5 billion euros ($5.59 billion) by 2030 • Currently, the semiconductor activities are part of the Mobility Electronics division • The firm will increasingly open its manufacturing capacities to external partners and strategically expand its foundry business, it added • Bosch, which relies on a network of around 40 semiconductor sites worldwide for research, development, and manufacturing, plans to further expand its test centre in Penang, Malaysia, by the middle of the 2030s ($1 = 0.8937 euros)
Bosch (ORG) German (ORG) Mobility Electronics (ORG) Penang (LOCATION) Malaysia (LOCATION)
Originally published by Channel News Asia Read original →

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