Bosch acquires STI Semi in bid for EV chip market

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Bosch to acquire STI Semiconductor with a view to EV chip fab retrofit

German manufacturing titan Bosch announced it will add California-based TSI Semiconductors to its arsenal, in a bid to bolster production of the silicon carbide chips used in electric vehicles.

"With the acquisition of TSI Semiconductors, we are establishing manufacturing capacity for SiC chips in an important sales market while also increasing our semiconductor manufacturing globally, Bosch chairman Stefan Hartung explained in a."The existing clean-room facilities and expert personnel in Roseville will allow us to manufacture SiC for electromobility on an even larger scale.

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