Bosch to acquire US chipmaker TSI Semiconductors
Auto supplier Bosch, which has a team in Farmington Hills, is buying a semiconductor chip maker to expand its offerings of the highly valued car part.
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Auto supplier Bosch, which has a team in Farmington Hills, is buying a semiconductor chip maker to expand its offerings of the highly valued car part.
Bosch re-organizes for mobility and software trends
The German Tier 1 is creating a new business sector dubbed Bosch Mobility, as it looks to capitalize on what it sees as a $210 billion market.
Within Robert Bosch GmbH, the newly structured Bosch Mobility will be responsible for its own business.
Germany’s Bosch plans to acquire the assets of US chipmaker TSI Semiconductors, based in Roseville, California, and invest $1.5bn in retooling its semiconductor production facilities.