Bosch is in the process of building a $1.1 billion fab in Dresden. First product is planned for late 2021. It will employ 700 staff.
Bosch is building a comprehensive portfolio of the full range of ICs for electric, connected and self-driving cars.
Bosch ranked as the sixth-largest supplier on the $38 billion automotive semiconductor market last year with a share of 5.4%, according to Strategy Analytics.
The market leader was NXP on 12%, followed by Infineon on 11.2%.