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Suppliers

Bosch plans to spend $3B to increase microchip output

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A concept vehicle displayed in the Bosch pavilion at the 2021 Munich auto show. The supplier is investing more than $3 billion in its growing microchip business to address a range of semiconductor industry needs. (BLOOMBERG)
LC
By:
Lindsay Chappell
July 13, 2022 09:03 AM

Bosch plans to invest more than $3 billion in its growing semiconductor business by 2026 in a bid to power its way clear of the world's gnarled supply chain of chips.

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