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June 19, 2017 12:31 pm GMT

Bosch is building a $1.1 billion self-driving and smart city chip plant

Tier one auto industry supplier Bosch is investing heavily in where the market is headed, with a newly-announced $1.1 billion facility that will produce semiconductors uses in self-driving cars, smart homes and smart city infrastructure. The new Dresden-based chip fab is set to start producing silicon commercially in 2021, and construction should wrap up in 2019.The greatly expanded chip… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yQoMezEjnMA/

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