German multinational engineering and technology company Bosch headquartered in Gerlingen, is launching an automobile chip factory at Dresden in June. The new 1-billion-euro factory will manufacture sensor chips which will be installed in electric vehicles and boost the industry.
Bosch started testing the automated production of prototype chips, its full-scale manufacture will start this year end and will be known as ASICs (application-specific integrated circuit) microchips.
The factory plan sanctioned in 2017 is being partly funded by the Free State of Saxony and federal government of Berlin where almost 700 people will be employed. Dresden will be a hub for semiconductor research and manufacturing as quoted by the local and federal governments.
