Bosch Begins U.S. Chip Production, A Boost for EV Component Supply
Bosch has finalized its $225 million acquisition of a semiconductor facility in Roseville, California, marking the German supplier's first chip production site in the United States. This move is poised to strengthen the domestic supply chain for critical automotive components, including those essential for electric vehicles (EVs). The plant has already commenced sample production, with full operations expected to ramp up in the coming years.