Bosch to acquire TSI Semiconductor, invest $1.5 B post acquisition

German engineering and technology firm Bosch has announced its intent to acquire US-based chipmaker TSI Semiconductors and invest $1.5 billion over the next few years to tap the rising demand for chips globally, especially in the automotive and electronics sector.

“With the acquisition of TSI Semiconductors, we are establishing manufacturing capacity for silicon carbide (SiC) chips in an important sales market while also increasing our semiconductor manufacturing, globally,” Stefan Hartung, chairman of the Bosch board of management, said in a…

Read more on networkworld

About bourbiza mohamed

Check Also

New chip designs on display at Intel Innovation 2023

Intel took the wraps off a number of new chip designs during its Innovation 2023 …

Leave a Reply

Your email address will not be published. Required fields are marked *