Bosch to spin off semiconductor division in January 2028

What happened: Bosch, the world's top automotive supplier, said it will spin off its semiconductor division in January 2028. The semiconductor activities are currently part of its Mobility Electronics division. Key numbers: Target of 5 billion euros ($5.59 billion) in sales of small components used in cars and e-bikes by 2030. Around 40 semiconductor sites worldwide. Why it matters: Bosch plans to open its manufacturing capacities to external partners and strategically expand its foundry business, moving the unit toward outside customers.

Bosch, the world's top automotive supplier, said it will spin off its semiconductor division in January 2028. The semiconductor activities are currently part of its Mobility Electronics division.

Bosch plans to open its manufacturing capacities to external partners and strategically expand its foundry business, moving the unit toward outside customers.