Bosch to form dedicated semiconductor division, targeting growth in new markets

Aiming to generate €5bn in semiconductor sales by 2030, as part of reorganizing its corporate structure and the evolution of Bosch Mobility (announced at the end of October), on 1 January 2028 Germany-based tier-1 automotive supplier Bosch will transfer its semiconductor operations (currently part of its Mobility Electronics division) to a new division called Semiconductors, while continuing to be assigned to the Mobility business sector...