Bosch intends to invest around 1 billion euros in building and later expanding Dresden’s semiconductor sector. Plans include a factory featuring innovative manufacturing techniques.
Brigitte Zypries, Federal Minister for Economic Affairs and Energy, appreciates Bosch’s decision to in high-tech Germany: “We welcome Bosch’s decision to invest in Saxony. Strengthening the semiconductor sector in Germany and therefore also in Europe means investing into a central technology of the future. It represents an important measure to maintain and increase the of Germany as an industrial centre.” Subject to approval by the European Commission, the Federal Ministry for Economic Affairs and Energy intends to give support to the construction and the start-up of the new factory in Dresden.
Dr Volkmar Denner, Chairman of the Board of Management of Robert Bosch GmbH, said: “The new production site for semiconductors is the biggest single investment in more than 130 years of Bosch history. As we are expanding our production capacities, we are preparing ourselves for the future and are strengthening our competitiveness.” Dr Dirk Hoheisel, Member of the Management at Robert Bosch GmbH, added: “Dresden offers the best conditions to expand our semiconductor production.” Dresden is famous for its microelectronics cluster which is unique in Europe and is also known as “Silicon Saxony”. Supplier companies, service providers, the application industry and universities with the relevant technological know-how are part of the cluster. In addition, Dresden will use the “”, launched by the Federal Ministry for Economic Affairs and Energy, to become an ecosystem for the “Internet of Things”. Bosch plans close cooperation with local and regional semiconductor and supplier companies in order to better position not only Germany but also Europe on international markets.
Saxony’s Prime Minister Stanislaw Tillich said: “This is the latest good decision in favour of Europe’s leading microelectronics cluster here in Saxony. I would like to thank Bosch for their confidence in our industry, in our people and in Saxony’s capacity to innovate. Innovative products for the Internet of Things and are of foremost importance for the microelectronics sector and for European industry.”