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Bosch: The one-time chip supply shock is over

The CEO of the German technology group Robert Bosch GmbH said on Wednesday that although the one-off supply shock to the semiconductor market is over, there is still a lack of capacity to meet global demand.

“There have been one-off problems that we have now dealt with. What is happening now is a structural shortage: there is much more demand than production capacity,” said Volkmar Denner at an automotive conference in Ludwigsburg organized by Automobilwoche. )

Bosch has earmarked more than € 400 million ($ 462.56 million) next year for investments in microchip production in Germany and Malaysia, with the bulk of the budget going to expand the 300-mill wafer plant in Dresden, which was handed over in June.

However, Bosch itself relies on suppliers to manufacture some of its chips and sensors, Denner said, according to Reuters, and as such also feels the pain of bottlenecks. apples, which have paralyzed the supply of semiconductor products worldwide in recent months, including cars and a range of electronic products.

“In the things we make ourselves, we can take the ‘ pressure from the pipeline ‘. But a Bosch sensor has a lot of parts that we buy from others, “added Denner.

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Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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