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Bosch to open billion-dollar research and development centre in Suzhou, China

BERLIN (Reuters) - German automotive supplier Bosch is investing around one billion dollars in a new research, development and assembly centre in Suzhou, China, the company said...
Bosch to open billion-dollar research and development centre in Suzhou, China © Reuters. The logo of Bosch is seen at an office building in Kyiv, Ukraine July 6, 2020. REUTERS/Valentyn Ogirenko

BERLIN (Reuters) - German automotive supplier Bosch is investing around one billion dollars in a new research, development and assembly centre in Suzhou, China, the company said on Thursday, with the first phase of the project ready by mid-2024.

The 300,000-square-metre centre will develop and assemble components for electromobility and automated driving to sell primarily to Chinese customers, it said.

Bosch already has four factories in Suzhou, employing almost 10,000 workers.

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04-12-2023 20:38:38 (UTC+7)

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    EUR/USD 1.0863 Neutral  
    GBP/USD 1.2661 ↑ Sell  
    USD/JPY 146.70 Sell  
    AUD/USD 0.6645 ↑ Sell  
    USD/CAD 1.3533 Neutral  
    EUR/JPY 159.36 ↑ Sell  
    EUR/CHF 0.9479 ↑ Sell  
    Gold 2,079.05 ↑ Sell  
    Silver 25.628 Sell  
    Copper 3.8603 ↑ Sell  
    Crude Oil WTI 73.66 Sell  
    Brent Oil 78.47 Neutral  
    Natural Gas 2.718 Buy  
    US Coffee C 178.38 ↑ Sell  
    Euro Stoxx 50 4,409.95 Neutral  
    S&P 500 4,594.63 ↑ Buy  
    DAX 16,402.25 ↑ Sell  
    FTSE 100 7,491.55 Sell  
    Hang Seng 16,650.00 ↑ Sell  
    Small Cap 2000 1,862.64 ↑ Buy  
    IBEX 35 10,161.24 ↑ Buy  
    BASF 43.575 ↑ Buy  
    Bayer 30.77 Neutral  
    Allianz 234.18 ↑ Buy  
    Adidas 194.23 ↑ Sell  
    Lufthansa 8.290 ↑ Buy  
    Siemens AG 157.17 ↑ Buy  
    Deutsche Bank AG 11.523 Neutral  
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Cập nhật lúc 18:54:29 04/12/2023
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