Bosch to Invest EUR 3 Billion in Chip Production by 2026

Bosch revealed its plans to spend EUR 3 billion (roughly Rs. 24,020 crore) in chip production by next four years. The company is looking forward to expand semiconductor production after spending EUR 1 billion (roughly Rs. 8,000 crore) on a new wafer plant in the Dresden, Germany. In another announcement, Bosch has also announced to invest over Rs. 200 crore in India b…