By
45 min ago 2 min read
German tech multinational Bosch will set up a dedicated semiconductor division in January 2028, targeting €5bn ($5.63bn) in semiconductor sales before 2030.
It comes as robotics and data centres for AI drive global semiconductor demand.
The company is targeting growth for semiconductors in its existing automotive and consumer businesses, in addition to applications in robotics.
The semiconductor business currently sits under Bosch’s mobility electronics division.
Erik Rein, Executive Vice-President and Board Member of Bosch Mobility Electronics, said the company aims to leverage its MEMS sensor technology, silicon carbide chips and application-specific integrated circuits in select new markets.
Bosch has around 40 semiconductor sites globally dedicated to research, development, and manufacturing.
In July, the company up to $225m CHIPS funding to support its production of SiC semiconductors in Roseville, California.
It unveiled plans to acquire US chipmaker TSI Semiconductors to in California in 2023.
Companies across the US semiconductor supply chain have announced a in private investment since 2020, across more than 160 projects spanning 30 states, according to the Semiconductor Industry Association (SIA).
Industrial gas firms have been jumping on the semiconductor opportunity, announcing major new contracts for plants.
Electronics accounts of Air Liquide’s €6.2bn ($6.9bn) investment backlog, with the group signing more projects in the sector in the first nine months of 2026 than during the whole of last year.
Linde reported a 15% year-on-year increase in the during the third quarter, driven by organic growth across Asia-Pacific and the US.
