Bosch gives official green light to Dresden

“We are always interested in setting up other companies here and supporting them with the economic development agencies,” said managing director Frank Bösenberg in the SZ. There are also plenty of opportunities in Dresden for Intel, which recently announced an expansion of its European manufacturing capabilities. With the official start, the Bosch plant in Dresden will mainly produce semiconductors for the Internet of Things and the automotive industry. The company has invested around one billion euros in the expansion. Currently, the company has around 250 employees in Dresden – a number that is expected to grow to around 700 eventually. Other semiconductor manufacturers are also investing heavily in Dresden. Globalfoundries will expand its production in Dresden and invest more than 400 million euros. In addition, Infineon has also announced that it wants to develop in Dresden; over the next five years, there are expected to be investments of around 1.1 billion euros in the Saxon state capital. Jenoptik also announced investments in Dresden this week.

EDITOR’S NOTE_ Translation of tweet: On June 7, Bosch will open the new #semiconductor factory in #Dresden together with Chancellor #Merkel. With this opening, the high-tech industry association @SiSax_de hopes to send a signal for the site. #BoschSiliconDay #SiliconSaxony. Via @world

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